Friday, December 20, 2019

December PERA update

On December 12th I attended the PERA meeting.

Here's the Agenda of what was discussed. https://www.mnpera.org/meeting-agenda-december-12-2019/

I will link to the minutes when available.

The long and the short is the fund is doing well because of the robust stock market investments.

I am attaching a hand out from Executive Director Doug Anderson.

It shows where every PERA member lives in Minnesota. The reverse breaks down how many PERA members live in each Congressional District.

Why is this important? Because when PERA issues come up you can use this to let your local Representatives know how many of us live in their districts!

For those of you that are retired the Cost of Living increases take effect January 1st.

Correctional Plan retirees will receive a 1.6% COLA.


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