as introduced - 82nd Legislature (2001 - 2002) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to retirement; increasing the benefit formula 1.3 percentage for the local government correctional 1.4 service plan; amending Minnesota Statutes 2000, 1.5 section 356.19, subdivision 5a. 1.6 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.7 Section 1. Minnesota Statutes 2000, section 356.19, 1.8 subdivision 5a, is amended to read: 1.9 Subd. 5a. [LOCAL GOVERNMENT CORRECTIONAL SERVICE PLAN.] 1.10 The applicable benefit accrual rate is1.92.0 percent.