This fact sheet goes over tax benefits and relief that military personnel may qualify for, including subtractions, credits, extensions, and programs. To be eligible, you must be collecting a monthly benefit from a MSRS pension plan for at least 12 full months as of June 30, 2023.Every January, PERA will issue you an IRS Form 1099-R. You automatically have until October 15 to file before we charge a late filing penalty. Do not request an extension to file. When you fill out your Application for. PERA Retirement you have three options for the withholding of federal and Minnesota income taxes from your. Applying for a benefit extension. There are currently no extended benefit programs available. Most estates are expected to be completed within an 18 month period.