Legislative Session number- 86

Bill Name: SF2644

2E Relating to retirement; transferring Minneapolis employees retirement fund
(MERF) administrative functions to the public employees retirement association
(PERA); creating a consolidation account within PERA; and appropriating
money

ARTICLE 1 - MERF CONSOLIDATION ACCOUNT IN PERA

Establishing the
Minneapolis employees retirement fund (MERF) division within the general
employees retirement fund of the public employees retirement association (PERA)
and establishing a separate MERF division account; modifying certain provisions
relating to the general employees retirement plan, the public employees police
and fire retirement plan and the local government correctional employees
retirement plan; renaming the public employees retirement fund to the public
employees retirement association

ARTICLE 2 - CONFORMING CHANGES

Making
technical and conforming changes to certain statutory provisions
(me)