1 | 1 | | 1.1 A bill for an act |
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2 | 2 | | 1.2 relating to retirement; Public Employees Retirement Association; correcting |
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3 | 3 | | 1.3 employer failure to record service; requiring the payment of employee and employer |
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4 | 4 | | 1.4 contributions on omitted service and extending Rule of 90 eligibility for an eligible |
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5 | 5 | | 1.5 employee. |
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6 | 6 | | 1.6BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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7 | 7 | | 1.7 Section 1. CONTRIBUTIONS FOR ELIGIBLE EMPLOYEE. |
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8 | 8 | | 1.8 (a) Pursuant to Minnesota Statutes, section 353.27, subdivision 12b, Alaine Pappin and |
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9 | 9 | | 1.9Independent School District No. 281, Robbinsdale, on behalf of Alaine Pappin, must make |
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10 | 10 | | 1.10contributions as calculated under paragraph (d) for service as an eligible employee prior to |
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11 | 11 | | 1.11July 1, 1989, which was previously unreported. |
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12 | 12 | | 1.12 (b) The contributions described in paragraph (a) are permitted although Alaine Pappin |
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13 | 13 | | 1.13was not enrolled as a member in a public pension plan at the time the service was provided. |
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14 | 14 | | 1.14 (c) The contributions described in paragraph (a) are sufficient to retroactively establish |
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15 | 15 | | 1.15Alaine Pappin's membership in a public pension fund listed in section 356.30, subdivision |
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16 | 16 | | 1.163, and eligibility for an unreduced early retirement benefit under section 354.44. |
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17 | 17 | | 1.17 (d) The Public Employees Retirement Association must calculate the amount of the |
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18 | 18 | | 1.18contributions required under section 353.27, subdivision 12b, plus interest, based on the |
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19 | 19 | | 1.19omitted salary of $3,185. |
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20 | 20 | | 1.20 EFFECTIVE DATE.This section is effective the day following final enactment. |
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21 | 21 | | 1Section 1. |
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22 | 22 | | 25-05576 as introduced05/01/25 REVISOR VH/KR |
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23 | 23 | | SENATE |
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24 | 24 | | STATE OF MINNESOTA |
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25 | 25 | | S.F. No. 3493NINETY-FOURTH SESSION |
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26 | 26 | | (SENATE AUTHORS: HOFFMAN) |
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27 | 27 | | OFFICIAL STATUSD-PGDATE |
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28 | 28 | | Introduction and first reading05/07/2025 |
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29 | 29 | | Referred to State and Local Government |
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