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Hagerty, Michael

Agency Chief Financial OfficerPublic Employees Retire AssocRamsey CountyFull-time

Executive Staff. Minnesota state employee pay history, from State of Minnesota salary data.

Total paid
$903,104
over 10 fiscal years
Latest year
$115,395
FY 2022
Highest year
$121,559
FY 2021
Yearly average
$90,310
across years on record
Change since first year
+442%
FY 2013 to FY 2022 · prices +22%

Pay by fiscal year

Total paid across all records in each year, overtime included, compared with consumer prices.

$0$50K$100K$150K$21,2742013$71,1552014$73,2872015$75,1222016$89,7142017$106,4682018$112,7132019$116,4182020$121,5592021$115,3952022
Paid in yearFY 2013 pay grown with consumer prices (CPI)

From FY 2013 to FY 2022, pay went up 442% while consumer prices went up 22%. After inflation, pay is up 345% (it beat inflation).

Pay change each fiscal year compared with consumer prices
YearPaidChangePrices (CPI)After inflation
FY 2022$115,395−5.1%+7.2%−11.4%
FY 2021$121,559+4.4%+2.3%+2.1%
FY 2020$116,418+3.3%+1.6%+1.7%
FY 2019$112,713+5.9%+2.1%+3.7%
FY 2018$106,468+18.7%+2.3%+16.1%
FY 2017$89,714+19.4%+1.8%+17.3%
FY 2016$75,122+2.5%+0.7%+1.8%
FY 2015$73,287+3.0%+0.7%+2.3%
FY 2014$71,155+234.5%+1.6%+229.3%
FY 2013$21,274———

Each change compares a year with the one before. Large swings usually come from a partial year, extra hours or a change of job rather than a raise. Prices: Consumer Price Index (CPI-U, U.S. city average) from the Bureau of Labor Statistics, averaged July to June; FY 2026 uses 11 months because October 2025 was not published.

Compared with the same job title

FY 2022 · Agency Chief Financial Officer

Paid more than 16% of the 19 people with this job title that year. The median was $130,498.

Uses the amount paid in the year, so partial years and part-time positions read low.

See everyone with this job title

Every record

10 records, newest first

Every pay record for Hagerty, Michael
FYAgencyJob titleCountyBase payOvertimePaid
2022Public Employees Retire Assoc
Executive Staff
Agency Chief Financial Officer
Full-time · left during year
Ramsey$59.07 /hr—$115,395
2021Public Employees Retire Assoc
Executive Staff
Agency Chief Financial Officer
Full-time
Ramsey$57.07 /hr—$121,559
2020Public Employees Retire Assoc
Executive Staff
Agency Chief Financial Officer
Full-time
Ramsey$57.07 /hr—$116,418
2019Public Employees Retire Assoc
Executive Staff
Agency Chief Financial Officer
Full-time
Ramsey$53.93 /hr—$112,713
2018Public Employees Retire Assoc
Executive Staff
Agency Chief Financial Officer
Full-time
Ramsey$50.96 /hr—$106,468
2017Public Employees Retire Assoc
Executive Staff
Agency Chief Financial Officer
Full-time
Ramsey$48.27 /hr—$89,714
2016MN St Colleges & Universities
MnSCU Metro SU Classified
Accounting Supervisor Princ
Full-time
Ramsey$36.15 /hr—$75,122
2015MN St Colleges & Universities
MnSCU Metro SU Classified
Accounting Supervisor Princ
Full-time
Ramsey$35.27 /hr—$73,287
2014MN St Colleges & Universities
MnSCU Metro SU Classified
Accounting Supervisor Princ
Full-time
Ramsey$34.24 /hr—$71,155
2013MN St Colleges & Universities
MnSCU Metro SU Classified
Accounting Supervisor Princ
Full-time
Ramsey$33.24 /hr—$21,274

The state reports one pay total per person per year, covering all of their positions, so it appears on one of that year’s lines and the others show no separate pay.

Highest paid in Public Employees Retire Assoc

FY 2022, amount paid

Highest paid as Agency Chief Financial Officer

FY 2022, amount paid