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Governor Dayton’s Supplemental Budget Proposal on Public Employee Pensions
Updated On: Mar 28, 2018
Pension sustainability
The governor recommends $27.3 million in funding for the current biennium for public pension sustainability measures consistent with the current version of the bill recommended by the Legislative Commission on Pensions and Retirement. This proposal includes $4.5 million in state funding to the PERA Police and Fire Plan for FY 2019, $4.5 million for FY 2020, and then $9 million per year until the earlier of the date by which the plan reaches full funding or FY 2048.
Teamsters Joint Council 32
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