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Minnesota State Retirement System; administrative changes made to statutes governing retirement plans, changes conformed to vesting requirements for deferred retirement annuities, annual reporting requirements modified for plan operational and other errors, and reports required.
Public Employees Retirement Association statewide volunteer firefighter plan; defined contribution plan added, frequency of funding requirement determinations reduced, firefighters with previous service allowed to request service credit for vesting purposes, and other technical and administrative changes made.
Administrative changes made to statutes governing the retirement plans administered by the Public Employees Retirement Association, monthly salary threshold requirements clarified, 60-day requirement for filing an election with the association added, and other retirement provisions modified.