Some public employees living in Minnesota can access set-aside public pension funds set up for these individuals. Basically, public employees contribute to a retirement account that they can draw from or cash out fully if they are at least 59 1/2 years old. There are penalties for withdrawing cash funds before this age if the person leaves the public service field. Discover some compelling reasons to consult with a dedicated MN PERA disability attorney others have already taken advantage of.
Ensure that You Net All of Your Possible Benefits
Consulting with an attorney experienced in the realm of MN PERA law can help ensure that your benefit claim nets all the possible benefits. These strict regulations are not readily known by those outsides of this narrow law field and talking face-to-face with a lawyer with the knowledge and background experience with these matters really can make a huge favorable difference to some.
There Are Three PERA Statewide Retirement Plans
It is important to note that there are three statewide retirement plans under PERA that are considered qualified retirement plans by the IRS. Understanding the nuances of each helps to navigate the sometimes confusing and complex paper trail involved with a benefit claim case.
Owe No Money Unless the Attorney Wins Your Case Claim
Unlike some lawyers, some MN PERLA attorneys offer no-money-down consultations unless the attorney wins your claim through the court process. Learn more about PERLA by contacting an MN lawyer able to review your specific case.
