Gov. Mark Dayton Thursday signed a bill to stabilize pensions for more than 500,000 workers and retirees in Minnesota. State officials call it a historic day, saying it is the largest pension reform legislation in state history. Both the Senate and House passed the bill unanimously.
The three year journey for the pension bill ended at six minutes before the deadline of midnight Sunday. The public pension funding bill passed the Senate 65-0 after it passed the House 131-0. The bill is now headed to Governor Dayton’s desk where he is expected to sign S.F. 2620 into law.
Minnesota takes its fiscal responsibility seriously.