Minnesota HF4162: Teachers Retirement Association; employer of a reemployed annuitant required to make employer contributions to the teachers retirement fund.

What the bill says

A bill for an act relating to retirement; Teachers Retirement Association; requiring the employer of a reemployed annuitant to make employer contributions to the teachers retirement fund; amending Minnesota Statutes 2024, sections 354.44, subdivision 5; 354.444, subdivision 5.

From the introduced text, March 10, 2026:

A bill for an act relating to retirement; Teachers Retirement Association; requiring the employer of a reemployed annuitant to make employer contributions to the teachers retirement fund; amending Minnesota Statutes 2024, sections 354.44, subdivision 5; 354.444, subdivision 5. Section 1. Minnesota Statutes 2024, section 354.44, subdivision 5, is amended to read: Subd. 5. Resumption of teaching service after retirement. (a) Any person who retired under the provisions of this chapter and has thereafter resumed teaching in any employer unit to which this chapter applies is eligible to continue to receive payments in accordance with the annuity except that all or a portion of the annuity payments must be deferred during the calendar year immediately following the fiscal year in which the person's salary from the teaching service is in an amount greater than $46,000. The amount of the annuity deferral is one-half of the salary amount in excess of $46,000 and must be deducted from the annuity payable for the calendar year immediately following the fiscal year in which the excess amount was earned. (b) If the person is retired for only a fractional part of the fiscal year during the initial year of retirement, the maximum reemployment salary exempt from triggering a deferral as specified in this subdivision must be prorated for that fiscal year. (c) After a person …

Read the full official text

Sponsors

• Tim O'Driscoll (R) · primary sponsor
• Bernie Perryman (R)

Latest actions

1. March 16, 2026: Author added Perryman
2. March 12, 2026: Introduction and first reading, referred to State Government Finance and Policy

Common questions

What is HF4162?

HF4162 is a bill in the Minnesota Legislature (94th Legislature 2025-2026): Teachers Retirement Association; employer of a reemployed annuitant required to make employer contributions to the teachers retirement fund.

What does HF4162 do?

In its own words: A bill for an act relating to retirement; Teachers Retirement Association; requiring the employer of a reemployed annuitant to make employer contributions to the teachers retirement fund; amending Minnesota Statutes 2024, sections 354.44, subdivision 5; 354.444, subdivision 5.

What is the status of HF4162?

In committee as of March 16, 2026. Latest action: Author added Perryman (March 16, 2026).

Who sponsored HF4162?

Tim O'Driscoll (R), with 1 co-sponsor.

Where is the official record for HF4162?

On the Minnesota Legislature website: https://www.revisor.mn.gov/bills/bill.php?f=HF4162&y=2025&ssn=0&b=house