Consortium Continues PERA Pension Participation | Southern Minnesota Education Consortium | PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF MINNESOTA (PERA)

Scope & details

The full contract record, as filed.

Contract amount

Employer contribution of 7.5% of support staff salary; employee withholding of 6.5% of salary

Contract type

FINANCIAL_SERVICES

Contract term

July 1, 2026 – June 30, 2028

Renewal date

2028-06-30

Renewal

Participation is required pursuant to Minnesota statutes; contribution rates will change if the legislature revises them.

Document type

Agreement

Source document

Southern Minnesota Education Consortium Agreement Hourly Support Staff Working Agreement 2026-05-27

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Southern Minnesota Education Consortium?

Public Employees Retirement Association of Minnesota (pera) was awarded this financial services contract by Southern Minnesota Education Consortium, as recorded on May 27, 2026. The contract value is Employer contribution of 7.5% of support staff salary; employee withholding of 6.5% of salary.

How much is the Public Employees Retirement Association of Minnesota (pera) contract with Southern Minnesota Education Consortium worth?

The Public Employees Retirement Association of Minnesota (pera) contract with Southern Minnesota Education Consortium is valued at Employer contribution of 7.5% of support staff salary; employee withholding of 6.5% of salary, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agreement record.

Where was this contract approved?

This contract appears in Southern Minnesota Education Consortium Agreement Hourly Support Staff Working Agreement 2026-05-27 (Agreement), dated May 27, 2026 from Southern Minnesota Education Consortium. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Public Employees Retirement Association of Minnesota (pera) hold?

Public Employees Retirement Association of Minnesota (pera) may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Public Employees Retirement Association of Minnesota (pera)'s profile

What is Southern Minnesota Education Consortium currently buying?

Explore Southern Minnesota Education Consortium's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Southern Minnesota Education Consortium's profile