What are the Minnesota Laws governing Marriage Dissolution?
PERA has created a publication to answer questions concerning marriage dissolution called “PERA Benefits and Marriage Dissolution”. This publication is available online or by mail by contacting the PERA office. The booklet is designed to assist the parties involved in marriage dissolution and their attorneys in the division of PERA pension benefits as part of the overall disposition of marital property. Service Credit What is Service Credit?You begin to build service credits from the first time deductions are paid into PERA, and a service credit is earned each month a deduction is reported to the association. You cannot exceed 12 credits for any calendar year, even if employed concurrently in more than one public job. It is possible for you to acquire service credit in addition to that earned while contributing on current earnings.For example, limited credit is given for authorized layoffs. In some instances, you may purchase credit while on an unpaid leave of absence. You can find mor