Minnesota Deferred Compensation Plan
Volunteer firefighters are eligible to participate in the Minnesota Deferred Compensation Plan administered by the Minnesota State Retirement System. This plan offers a tax-deferred savings plan that can help supplement other retirement benefits. Volunteer firefighters may also choose to roll over their relief association service pension to their deferred compensation account. Volunteer firefighters who would like to enroll in the deferred compensation plan must do so before terminating public employment.
Additional information about the deferred compensation plan is available on the Minnesota State Retirement System website.
Published last in the May 2019 Pension Newsletter