Quote of the Week: “If the author of the bill will yield for another question, maybe this one will be a little more painful!" Legislator grilling a freshman on his bill on the House floor.

Quote of the Week: “Do I need to unmute myself?” Senator speaking into a microphone at a Senate hearing while also watching on a laptop.

Redistricting Unveiled

Big Picture Issues

Economy Continues to Boom                        

Minnesota’s economy continues to roar ahead after the 2020-2021 COVID slowdown.     Minnesota’s unemployment rate fell to 3.1% in January, well below the 3.8% national average. Minnesota Management and Budget announced on Thursday that tax collections in January were 25% greater than projected. Corporate tax revenues were $642 million more than forecast . Since July 1, the start of the State’s fiscal year, tax revenues are $1.5 billion higher than projected. The State already has a projected $7.7 billion surplus based on the November budget forecast. A new budget forecast will be released in the next month that will guide spending and tax decision-making for the remainder of the session.

Quote of the Week:

"The crisis has reached crisis levels!" Department of Human Services testifying on workforce shortages in the health care sector. 

2020 marked the half-way point of the Baby-Boomer generation’s retirement process. The early Boomers began pulling out of the workforce in 2010, and the later ones will continue to begin their retirements for the next 10 to 15 years. The generation before the Boomers, known alternately as Traditionalists, Matures, and “The Greatest,” are at the end of their lives on this planet.

As you can read in the story linked below, legislative leadership has agreed to extend reinsurance for another year -- through 2022.

Welcome new members who joined NAIFA-Minnesota so far this year!

Belonging to your professional association sets you apart from the competition by ascribing to a Code of Ethics, voluntarily investing & participating in a performance-driven networking group, and serving your industry through advocacy and community service.

Join NAIFA-Minnesota and FSP Thursday, June 3rd for this Collaborative Learning Event! This month features Kevin Carter with The Future of Emerging Markets & The Growing Digital Revolution.

June 3, 2021 | 11:40 a.m. - 1:00 p.m. | VIRTUAL - Zoom

Following the meeting the Zoom window will remain open for 30 minutes (1:00 - 1:30 p.m.) for members and sponsors to move to Breakout Rooms and remain online to chat about the meeting content and network with other attendees.

NAIFA-Minnesota, YOU'RE INVITED! Join NAIFA-Tennessee for D.I.scovery presented by DI Geek, Corey Anderson.