Pera 2025 Cola. The bill updates language to ensure consistency in qualification requirements and compensation across fund executive directors. You are now able to view your january payment in your mypera account.

Your first increase might be less than the full increase, depending on the type of benefit you are receiving, the plan, and your benefit effective date. Effective january 1, 2025, your annual benefit increase is >>1.25% if you are in the coordinated, basic, or merf plan, >>1% if you are in the police & fire, minneapolis police, or minneapolis fire plan, or >>2.5% if you are in the correctional plan.