as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 01:43am
A bill for an act
relating to retirement; revising allowable service credit for certain job-sharing
project of job-share program participants.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
new text begin
(a) An eligible person as described in paragraph (b) is entitled to have any partial
month allowable service credit in the general state employees retirement plan of the
Minnesota State Retirement System for part-time employment as a job-share employee
revised to be identical to allowable service credit for part-time state employment under
Minnesota Statutes, section 352.01, subdivision 11, that was not rendered as a job-share
employee.
new text end
new text begin
(b) An eligible person:
new text end
new text begin
(1) is an active member of the general state employees retirement plan or a retired
member of the general state employees retirement plan;
new text end
new text begin
(2) was employed in the demonstration job-sharing project under Laws 1980,
chapter 572, or in the job-sharing program under Minnesota Statutes 1998, sections
43A.41 to 43A.46;
new text end
new text begin
(3) was employed in the demonstration job-sharing project or in the job-sharing
program for one-half of full time; and
new text end
new text begin
(4) received partial month allowable service credit under Minnesota Statutes, section
352.01, subdivision 11.
new text end
new text begin
(c) To have allowable service credit revised under this section, an eligible person
shall provide the executive director of the Minnesota State Retirement System any
relevant documentation that the executive director requests.
new text end
new text begin
(d) If the eligible person is a retired member of the general state employees
retirement plan, the person's retirement annuity must be recomputed based on the revised
service credit under this section and the recomputed retirement annuity is payable on the
first day of the month next following the effective date of this section.
new text end
new text begin
(e) Nothing in this section may be interpreted to authorize the crediting of more than
one year of allowable service during any 12-month period or to authorize the payment of
any retroactive recomputed retirement annuity amounts.
new text end
new text begin
This section is effective the day following final enactment.
new text end