Important Plan News

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July 3, 2025

 

MNDCP Deferral Change Update

Change regarding your Minnesota Deferred Compensation 457(b) Plan (MNDCP)

Starting this week, you will now update your MNDCP salary deferral amount by logging into your online account on the Minnesota State Retirement System (MSRS) website.

How you benefit

Account online provides access to all of your MSRS retirement plan information.
You can:

• Manage your MNDCP, HCSP, and State of MN pension plan in one place
• View account balances, statements and other plan information
• Update your MNDCP and HCSP investments
• Update your MNDCP beneficiary election
• Change your MNDCP salary deferral amount

Instructions to change your MNDCP salary deferral amount

If you are interested in changing your salary deferral amount visit the Contributions page of the MSRS website.


Learn more

State Employees: MNDCP Payroll Deductions