PERA Defined Contribution Plan

Filter by topic:  Investment Options  |  Performance/Unit Values  

The State Board of Investment (SBI) is responsible for selecting, monitoring, and reviewing investment options within the Plan, as well as reporting annual returns and tracking market values. The PERA Defined Contribution plan is available only to physicians, elected local governmental officials, city managers, and personnel of governmental volunteer ambulance services. PERA manages the Plan. The Plan is governed by Minnesota Statutes, Chapter 353D, and satisfies the requirements of section 401(a) of the Internal Revenue Code.