MN SF4373

Excludes payments from Minnesota's family and medical benefit insurance account (paid leave under chapter 268B) from the definition of "salary" for pension contribution purposes across four public retirement systems

Affects members of the Minnesota State Retirement System, Public Employees Retirement Association, Teachers Retirement Association, and St. Paul Teachers' Retirement Fund Association

Ensures that paid family and medical leave benefits do not count toward pensionable salary, similar to how workers' compensation and disability insurance payments are already excluded

Effective retroactively from January 1, 2026, aligning with the start of Minnesota's paid leave program