HF 347

as introduced - 88th Legislature (2013 - 2014) Posted on 02/04/2013 03:06pm

A bill for an act
relating to retirement; general state employees retirement plan of the Minnesota
State Retirement System; clarifying "Rule of 90" eligibility for certain state
employees.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin MSRS-GENERAL RETIREMENT ELIGIBILITY CLARIFICATION;
SERVICE CREDIT PURCHASE IN CERTAIN INSTANCES.
new text end

new text begin (a) An eligible person described in paragraph (b) is entitled to purchase prior
uncredited service credit under paragraph (c) and, if the service credit purchase is made, to
have the effective start date for active retirement plan membership of June 30, 1989, and
to retire under Minnesota Statutes, section 352.116, subdivision 1.
new text end

new text begin (b) An eligible person is a person who:
new text end

new text begin (1) was born on July 17, 1964;
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new text begin (2) was initially employed by the state of Minnesota as a temporary status laborer
general on June 19, 1989;
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new text begin (3) became a seasonal status laborer general on August 30, 1989;
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new text begin (4) became an unlimited status laborer general on December 12, 1990;
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new text begin (5) has received annual statements from the Minnesota State Retirement System
indicating eligibility for a retirement benefit under Minnesota Statutes, section 352.116,
subdivision 1, paragraph (b), as of September 1, 2012, including the June 30, 2012, annual
statement;
new text end

new text begin (6) attended a Minnesota State Retirement System preretirement class in March
2012 and was individually informed by a Minnesota State Retirement System employee of
the person's retirement eligibility under Minnesota Statutes, section 352.116, subdivision
1, paragraph (b); and
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new text begin (7) received a letter from the Minnesota State Retirement System on August 16,
2012, revising the start date for general state employees retirement plan allowable
service credit from June 19, 1989, to September 27, 1989, and indicating consequent
inapplicability of Minnesota Statutes, section 352.116, subdivision 1.
new text end

new text begin (c) An eligible person may purchase allowable service credit in the general state
employees retirement plan of the Minnesota State Retirement System for the period June
30, 1989, to September 26, 1989, under Minnesota Statutes, section 356.551.
new text end

new text begin (d) An eligible person who purchased allowable service credit under paragraph
(c) has a June 30, 1989, start date for allowable service credited by the general state
employees retirement plan of the Minnesota State Retirement System and is eligible for a
retirement annuity under Minnesota Statutes, section 352.116, subdivision 1.
new text end

new text begin (e) Authority to purchase prior uncredited allowable service credit under this section
expires on August 1, 2012.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective July 1, 2013.
new text end