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HF 2386

as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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A bill for an act
relating to retirement; providing for certain pension benefits upon privatization
of the Oakland Park Nursing Home; amending Minnesota Statutes 2006, section
353F.02, subdivision 4.

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

Section 1.

Minnesota Statutes 2006, section 353F.02, subdivision 4, is amended to read:


Subd. 4.

Medical facility.

"Medical facility" means:

(1) Bridges Medical Services;

(2) the City of Cannon Falls Hospital;

(3) Clearwater County Memorial Hospital doing business as Clearwater Health
Services in Bagley;

(4) the Dassel Lakeside Community Home;

(5) the Fair Oaks Lodge, Wadena;

(6) the Glencoe Area Health Center;

(7) the Hutchinson Area Health Care;

(8) the Kanabec Hospital;

(9) the Luverne Public Hospital;

(10) the Northfield Hospital;

new text begin (11) the Oakland Park Nursing Home;
new text end

deleted text begin (11)deleted text end new text begin (12) new text end the RenVilla Nursing Home;

deleted text begin (12)deleted text end new text begin (13) new text end the Renville County Hospital in Olivia;

deleted text begin (13)deleted text end new text begin (14) new text end the St. Peter Community Healthcare Center; and

deleted text begin (14)deleted text end new text begin (15) new text end the Waconia-Ridgeview Medical Center.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective upon the latter of:
new text end

new text begin (1) the day after the governing body of Pennington County and its chief clerical
officer timely comply with Minnesota Statutes, section 645.021, subdivisions 2 and 3; and
new text end

new text begin (2) the first day of the month next following certification to Pennington County by
the executive director of the Public Employees Retirement Association that the actuarial
accrued liability of the special benefit coverage proposed for extension to the privatized
Oakland Park Nursing Home employees under this section does not exceed the actuarial
gain otherwise to be accrued by the Public Employees Retirement Association, as
calculated by the consulting actuary retained under Minnesota Statutes, section 356.214.
The cost of the actuarial calculations must be borne by the current employer or by the entity
which is the employer following the privatization, and the date of the actuarial calculations
must be within one year of the date the Oakland Park Nursing Home is sold or leased.
new text end