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Bipartisan lawmakers consider better teacher pensions, earlier retirement in Minnesota

  • Minnesota lawmakers have proposed bills to enhance K-12 teachers' pensions and allow earlier access to retirement benefits, addressing concerns for educators' financial security.
  • The proposed bipartisan bill HF2318 would make teachers eligible for early retirement at 60 instead of 62, which is currently required.
  • Education Minnesota President Denise Specht emphasized the need for better pension investments to avoid teachers leaving the profession for other opportunities.
  • If the pension changes do not pass, Specht warned that Minnesota's public education system may suffer.
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Duluth News TribuneDuluth News Tribune
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Bipartisan lawmakers consider better teacher pensions, earlier retirement in Minnesota

ST. PAUL — Minnesota lawmakers on both sides of the aisle have introduced bills to give K-12 teachers a larger pension and earlier access to it with retirement. To receive their full pension in Minnesota currently, teachers must teach for 30 years and be 65 years old, or retire a few years prior with a smaller pension. Three bills in the state Legislature target early teacher retirees and make early retirement more financially feasible, the bill…

·Cherokee County, United States
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Inforum broke the news in Fargo, United States on Tuesday, March 25, 2025.
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