The Twin City Hospitals – Minnesota Nurses Association Pension Plan is a vehicle to ensure a measure of economic security at retirement.
Initiated in 1962 through the efforts of visionary MNA members who worked tirelessly for its implementation, the plan is a standard-bearer for the industry. Today, this fund, which is exclusively financed with employer contributions, has assets totaling over $1.1 billion.
Covering more than 12,000 nurses who work at 17 hospitals in the Allina, Children’s, M-Health Fairview, North Memorial, and Park Nicollet systems, the MNA Pension Plan provides a monthly benefit payment upon retirement that is based upon a nurses earnings. Nurses are vested in their benefit after five years of qualifying service. Each year that a nurse earns benefits adds to their lifetime benefit total.
Monthly retirement benefits are paid for a nurse’s lifetime – you cannot outlive your pension! Choices of payment options are available and nurses can choose to also provide monthly benefits to a beneficiary who survives the nurse.
The Plan is administered by a joint Committee made up of three MNA representatives and three Hospital representatives.
MNA Representatives: Eileen Kopp, RN, HealthEast St. John’s Hospital; Theresa Peterson, RN, North Memorial; and Scott Kleckner, MNA Labor Relations Specialist.
MNA Alternates: Sandie Anderson, RN, HealthEast St. John’s Hospital; Kelly Friesen, RN, Mercy Hospital; and Ryan Borgen, MNA Labor Relations Specialist.
MNA Pension Negotiating Committee: Sarah O’Gorman, RN, HealthEast St. John’s Hospital; Theresa Peterson, RN, North Memorial; Pamala Trowbridge, RN, Children’s Hospital – Minneapolis; Stacy Hodgson, RN, Methodist Hospital; Gail Olson, RN, Unity Hospital.
The Committee has retained Wilson-McShane Corporation to handle all of the day-to-day administration of the Plan and to maintain Pension records. If you have questions about your work record on file, your probable eligibility for benefits, or the process for applying for a Pension, call Wilson McShane at 952-854-0795 or 800-535-6373. Ask for someone regarding the Twin Cities MNA Pension Plan.
Contact Ryan Borgen or Jon Tollefson at the MNA office (651-414-2800) for information and assistance in problem resolution related to your Twin Cities Pension.