as introduced - 91st Legislature (2019 - 2020) Posted on 03/20/2019 11:24am
Engrossments | ||
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Introduction | Posted on 03/19/2019 |
A bill for an act
relating to pensions; authorizing a service credit purchase.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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(a) Notwithstanding any provision of law to the contrary, an eligible person described
in paragraph (b) is entitled to purchase from the Teacher Retirement Association allowable
service credit as calculated under Minnesota Statutes, section 356.551, for the period of
service described in paragraph (c).
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(b) An eligible person is a person who:
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(1) was an employee of St. Cloud State University on March 1, 2018;
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(2) was a member of the Teachers Retirement Association on March 1, 2018;
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(3) took leave from St. Cloud State University from August 28, 2006, through January
13, 2008; and
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(4) while on the leave under clause (3), provided services to the United States State
Department and the United States Treasury Department.
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(c) The period of uncredited service authorized for purchase is the period of August 28,
2006, through January 13, 2008, for a total service credit purchase of 1.35 years.
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(d) Authority to make a service credit purchase under this section expires one year from
the effective date of this section.
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This section is effective the day following final enactment.
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