Commissioner of employment and economic development required to disclose information, and administrative and technical changes made to the Minnesota Secure Choice Retirement Program Act.
Public Employees Retirement Association provisions modifications
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.
Minnesota Secure Choice Retirement Program; penalties for noncompliance added, and criminal penalties provided.
Minnesota Secure Choice Retirement program penalties for noncompliance addition provision
Minnesota Retirement 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.
Minnesota State Retirement System retirement plans administrative changes authorization; conforming changes to vesting requirements for deferred retirement annuities establishment; annual reporting requirements modification for plan operational and other errors authorization
Public Employees Retirement Association expansion of coverage governing privatization to include governmental subdivisions provision, administrative changes provision, withdrawal liability calculation method revision provision, and annual reporting requirement expansion provision