Accounting and bookkeeping
Financial and actuarial reporting practices, Minn. Statutes 2005 16A.055, 356.20, 356.215
Refund repayments, Minn. Statutes 2005 356.441
Accumulated contributions
Abandoned amounts, disposition, Minn. Statutes 2005 356.65
Actuarial valuations
Alternative valuations, Minn. Statutes 2005 356.23
Copies, Minn. Statutes 2005 356A.07
Costs, payment, Minn. Statutes 2005 356.214
Employee/employer contributions, changes in, Minn. Statutes 2005 353.27
Financial reporting, Minn. Statutes 2005 356.20
Generally, Minn. Statutes 2005 356.214, 356.215
Legislature, rights, Minn. Statutes 2005 356.22
Reports about, Minn. Statutes 2005 356.215
Supplemental actuarial valuations, Minn. Statutes 2005 356.23
Survivor benefits, Minn. Statutes 2005 353E.07
Actuaries
Actuarial valuations, see same under this topic
Approved actuaries, Minn. Statutes 2005 356.214, 356.215
Generally, Minn. Statutes 2005 356.214
Administration
Expenses, Minn. Statutes 2005 353E.01, 356.215
Public Employees Retirement Association, duties, Minn. Statutes 2005 353E.01
Age of retirement
Disability benefits, termination, Minn. Statutes 2005 353E.06
Early retirement, Minn. Statutes 2005 353E.04
Normal retirement age, Minn. Statutes 2005 353.01, 354A.011, 356.403
Normal retirement annuities, Minn. Statutes 2005 353E.04
Survivor benefits, Minn. Statutes 2005 353E.07
Annuities
Abandoned amounts, disposition, Minn. Statutes 2005 356.65
Automatic deposit, Minn. Statutes 2005 356.401
Combined service annuities, Minn. Statutes 2005 356.30
Deferred annuities, Minn. Statutes 2005 356.30
Exemption from process, Minn. Statutes 2005 356.401
Joint and survivor annuities, see same under this topic
Normal retirement annuities, see same under this topic
Optional annuities, see same under this topic
Payment, Minn. Statutes 2005 356.40
Qualified annuities, using for refund repayments, Minn. Statutes 2005 356.441
Retirement annuities, see Normal retirement annuities under this topic
Service credit purchase procedures, strike periods, Minn. Statutes 2005 356.195
Appropriations to, withholding, investment reporting noncompliance, Minn. Statutes 2005 356.219
Assets
Definitions, Minn. Statutes 2005 356.215, 356.219, 356.63
Investment diversification, Minn. Statutes 2005 356A.06
Market valuation method, Minn. Statutes 2005 356.215
Title, holding, Minn. Statutes 2005 356A.06
Audits and examinations
Financial reporting requirements, Minn. Statutes 2005 356.20
Average salary, defined, Minn. Statutes 2005 353E.04
Beneficiaries, payments to, Minn. Statutes 2005 353E.07, 356.001
Benefits
Abandoned amounts, disposition, Minn. Statutes 2005 356.65
Automatic deposit, Minn. Statutes 2005 356.401
Benefit provisions summary, Minn. Statutes 2005 356A.07
Combined service benefits, Minn. Statutes 2005 356.302, 356.303
Definitions, Minn. Statutes 2005 356A.01
Disability benefits, see same under this topic
Eligible rollover distributions, Minn. Statutes 2005 356.635
Exemption from process, Minn. Statutes 2005 356.401
Fiduciaries, duties, Minn. Statutes 2005 356A.02
Internal Revenue Code compliance, Minn. Statutes 2005 356.635
Maximum benefit limitations, Minn. Statutes 2005 356.611
Members' nonforfeitable interest, Minn. Statutes 2005 356.001
Payment, Minn. Statutes 2005 356.40
Recipients, defined, Minn. Statutes 2005 356A.01
Survivor benefits, see Joint and survivor annuities under this topic
Termination of plan or fund, procedures, Minn. Statutes 2005 356.001
Breach of fiduciary duty
Cofiduciaries, liability, Minn. Statutes 2005 356A.10
Generally, Minn. Statutes 2005 356A.09
Indemnification, Minn. Statutes 2005 356A.11
Lawsuits, Minn. Statutes 2005 356A.12
Remedies, Minn. Statutes 2005 356A.09
Buybacks, service credit, Minn. Statutes 2005 356.195, 356.30
Certificates and certification
Economic interest statements, list of filings, Minn. Statutes 2005 356A.06
Chief administrative officer, duties, see Executive director under PUBLIC EMPLOYEES RETIREMENT ASSOCIATION (PERA)
Cofiduciaries
Duties, generally, Minn. Statutes 2005 356A.10
Liability, Minn. Statutes 2005 356A.10
Service of process on, Minn. Statutes 2005 356A.12
Combined investment fund, participation, Minn. Statutes 2005 353E.01
Combined service annuities
Amount, formula, Minn. Statutes 2005 353E.04, 356.30
Deferred annuities, Minn. Statutes 2005 353E.05, 356.30
Service credit, formula, Minn. Statutes 2005 356.30
Combined service disability benefits, Minn. Statutes 2005 353E.06, 356.302
Combined service survivor benefits, Minn. Statutes 2005 356.303
Compensation and salaries
Average salary, defined, Minn. Statutes 2005 353E.04
Definitions, Minn. Statutes 2005 356.611
Fiduciaries, Minn. Statutes 2005 356A.06, 356A.08
Contested cases, adverse determination of eligibility
Benefits, or other rights, Minn. Statutes 2005 356A.07
Continuing education, Minn. Statutes 2005 356A.13
Contributions to more than one public retirement plan
Retirement age, Minn. Statutes 2005 353.01
Teachers Retirement Association, Minn. Statutes 2005 354.094
Copies, plan documents, summaries, and reports, Minn. Statutes 2005 356A.07
Coverage by more than one system, see Portability with other retirement plans under this topic
Covered employees, see Members under this topic
Covered governmental entities, see Employers under this topic
Custodian bank accounts, establishment, Minn. Statutes 2005 356.001
Data, access, marriage dissolution, Minn. Statutes 2005 356.49
Dedicated fund, Minn. Statutes 2005 356.63
Deferred annuities, augmentation, combined service annuities, Minn. Statutes 2005 353E.05, 353E.06, 356.30
Deferred compensation, see STATE DEFERRED COMPENSATION PLAN
Definitions
Actuarial valuations, Minn. Statutes 2005 356.215
Employee contribution pick up, Minn. Statutes 2005 356.62
Local government correctional service retirement plan, Minn. Statutes 2005 353E.02, 353E.04
Loss of survivor benefits, Minn. Statutes 2005 356.406
Public pension fiduciary responsibility, Minn. Statutes 2005 356A.01, 356A.06
Retirement annuity application procedure, Minn. Statutes 2005 356.46
Dependent children, see Survivor benefits under this topic
Depositories, designation, Minn. Statutes 2005 356A.06
Disability benefits
Adjustments, certain recipients, Minn. Statutes 2005 356.41
Combined service disability benefits, Minn. Statutes 2005 353E.06, 356.302
Definitions, Minn. Statutes 2005 356.46
Generally, Minn. Statutes 2005 353E.06
Optional annuities, see same under this topic
Supplemental needs trusts, Minn. Statutes 2005 356.465
Disclosure
Actuarial valuations, Minn. Statutes 2005 356.215
Fiduciaries, Minn. Statutes 2005 356A.03, 356A.06
Financial reporting requirements, Minn. Statutes 2005 356.20
Dissolution of marriage
Retirement benefits or rights, information regarding, Minn. Statutes 2005 356.49
Early retirement, Minn. Statutes 2005 353E.04, 353E.07
Economic interest statements, fiduciaries, Minn. Statutes 2005 356A.06
Employee contributions, see Member contributions under this topic
Employees of the retirement plan
Indemnification, breach of fiduciary duty, Minn. Statutes 2005 356A.11
Employer contributions
Amount, Minn. Statutes 2005 353E.03
Changes in, Minn. Statutes 2005 353.27
Collection, Minn. Statutes 2005 353E.01
Depositing, Minn. Statutes 2005 353E.01
Failure to pay, collection process, Minn. Statutes 2005 353.28
Workers' compensation recipients, service credit, Minn. Statutes 2005 353.01
Wrongful discharges, service credit, Minn. Statutes 2005 356.50
Employers
Benefit provision summaries, duties, Minn. Statutes 2005 356A.07
Certificates and certification, local government correctional service employees, Minn. Statutes 2005 353E.02
Certifying to, employer contributions, amounts due, Minn. Statutes 2005 353.28
Contributions, see Employer contributions under this topic
Reports given, employee contribution pick ups, Minn. Statutes 2005 356.62
Reports received, financial reports, Minn. Statutes 2005 356.20
Employing units, duties, see Employers under this topic
Establishment, Minn. Statutes 2005 353E.01
Exclusions from coverage, Minn. Statutes 2005 353.01
Experience studies, Minn. Statutes 2005 356.214, 356.215
Fiduciaries
Activities, generally, Minn. Statutes 2005 356A.02
Assets, title, Minn. Statutes 2005 356A.06
Breach of conduct or duties, Minn. Statutes 2005 356A.09 to 356A.12
Cofiduciaries, Minn. Statutes 2005 356A.01, 356A.10, 356A.12
Compensation and salaries, Minn. Statutes 2005 356A.06, 356A.08
Continuing education, Minn. Statutes 2005 356A.13
Definitions, Minn. Statutes 2005 356A.01
Direct or indirect profits, Minn. Statutes 2005 356A.06
Disclosure, Minn. Statutes 2005 356A.03, 356A.06
Duties, Minn. Statutes 2005 356A.02, 356A.04, 356A.05
Economic interest statements, Minn. Statutes 2005 356A.06
Felony violations, documentation, service prohibition, Minn. Statutes 2005 356A.03
Generally, Minn. Statutes 2005 356A.01 to 356A.13
Investments, duties, Minn. Statutes 2005 356A.02, 356A.06
Prohibited transactions, Minn. Statutes 2005 356A.06
Service of process on, Minn. Statutes 2005 356A.12
Standard of conduct, Minn. Statutes 2005 356A.04
Financial reports
Alternative reports, Minn. Statutes 2005 356.23
Copies, distribution, Minn. Statutes 2005 356.20, 356A.07
Requirements, generally, Minn. Statutes 2005 356.20
Former members, marriage dissolution actions
Information requirements, Minn. Statutes 2005 356.49
Funds and accounts
Custodian bank accounts, Minn. Statutes 2005 356.001
Dedicated fund, Minn. Statutes 2005 356.63
Local government correctional service retirement fund, Minn. Statutes 2005 356.65
Special fund, Minn. Statutes 2005 353E.01, 356.65
Generally, Minn. Statutes 2005 353E.01 to 353E.08
Governing board of a pension plan, see Board of trustees under PUBLIC EMPLOYEES RETIREMENT ASSOCIATION (PERA)
Governing body rules and policies
Defined as plan documents, Minn. Statutes 2005 356A.01
Governmental subdivisions, duties, see Employers under this topic
Insurance, public employees program, Minn. Statutes 2005 43A.316, 356.87
Interest rates
Actuarial valuations, Minn. Statutes 2005 356.215
Forfeited service, refund repayments, Minn. Statutes 2005 356.44
Workers' compensation recipients, service credit contributions, Minn. Statutes 2005 353.01
Investment of funds
Fiduciaries, duties, Minn. Statutes 2005 356A.02, 356A.06
Investment expenses, Minn. Statutes 2005 356.215
Policy statement, Minn. Statutes 2005 356.219
Reports about, Minn. Statutes 2005 356.219
Requirements, generally, Minn. Statutes 2005 356A.06
Joint and survivor annuities
Adjustments, certain recipients, Minn. Statutes 2005 356.41
Beneficiaries charged or convicted of causing member's death, suspension, forfeiture, and recovery, Minn. Statutes 2005 356.406
Combined service survivor benefits, Minn. Statutes 2005 356.303
Definitions, Minn. Statutes 2005 356.406
Election of, Minn. Statutes 2005 353E.07
Lawsuits, breach of fiduciary duty, Minn. Statutes 2005 356A.12
Liability
Cofiduciaries, Minn. Statutes 2005 356A.10
Unfunded actuarial accrued liability, Minn. Statutes 2005 356.215, 356.22
Local government correctional service employee, defined, Minn. Statutes 2005 353E.02
Local government correctional service retirement fund
Credits to, abandoned contributions, annuities, or benefits, Minn. Statutes 2005 356.65
Deposits, appropriations, and disbursements, Minn. Statutes 2005 353E.01
Mail and mailing
Benefit distribution notice, Minn. Statutes 2005 356.001
Retirement annuities, information, completed applications, Minn. Statutes 2005 356.46
Meetings, see OPEN MEETING LAW
Member contributions
Amount, Minn. Statutes 2005 353E.03
Changes in, Minn. Statutes 2005 353.27
Collection, Minn. Statutes 2005 353E.01
Definitions, Minn. Statutes 2005 356.62
Depositing, Minn. Statutes 2005 353E.01
Employers, pick up after 1982, Minn. Statutes 2005 356.62
Federal compensation limits, Minn. Statutes 2005 356.611
Reports about, Minn. Statutes 2005 356.62
Workers' compensation recipients, service credit, Minn. Statutes 2005 353.01
Wrongful discharges, service credit, Minn. Statutes 2005 356.50
Members
Actuarial valuations, Minn. Statutes 2005 356.215
Death caused by surviving beneficiary, loss of survivor benefits, Minn. Statutes 2005 356.406
Definitions, Minn. Statutes 2005 356.406, 356.62, 356A.01
Included employees, Minn. Statutes 2005 353E.02
Marriage dissolution actions, information requirements, Minn. Statutes 2005 356.49
Payments to, benefit distribution upon plan termination, Minn. Statutes 2005 356.001
Proof of death, notice, Minn. Statutes 2005 356.001
Reports received, Minn. Statutes 2005 356.20, 356.62, 356A.07
Transfer from PERA general plan, state aid reduction prohibited, Minn. Statutes 2005 273.1385
Normal retirement annuities
Accrual, Minn. Statutes 2005 353E.04
Age, Minn. Statutes 2005 353E.04
Amount, formula, Minn. Statutes 2005 352.115, 353E.04
Benefits, Minn. Statutes 2005 354.44
Combined service annuities, amount, formula, Minn. Statutes 2005 353E.04
Completed applications, copies to spouses, Minn. Statutes 2005 356.46
Coordinated benefits, Minn. Statutes 2005 354A.31
Deferred annuities, augmentation, Minn. Statutes 2005 353E.05, 353E.06, 356.30
Definitions, Minn. Statutes 2005 356.46
Early retirement, Minn. Statutes 2005 353E.04, 353E.07
Exemption from process, Minn. Statutes 2005 356.401
Multiple service limitation, Minn. Statutes 2005 353E.04
Optional annuities, see same under this topic
PERA, termination of membership, Minn. Statutes 2005 353.29
Simultaneous payment of survivor benefits, Minn. Statutes 2005 356.40
Years of service, Minn. Statutes 2005 353E.04
Notice given
Benefit distribution, Minn. Statutes 2005 356.001
Investment restrictions, Minn. Statutes 2005 356A.06
Optional annuities
Accrual, Minn. Statutes 2005 353E.06
Definitions, Minn. Statutes 2005 356.46
In lieu of disability benefits, Minn. Statutes 2005 353E.06
In lieu of normal retirement annuities, Minn. Statutes 2005 353E.04
Information summaries, distribution, Minn. Statutes 2005 356.46
Supplemental needs trusts, Minn. Statutes 2005 356.465
Surviving spouse optional annuity, see Joint and survivor annuities under this topic
Survivor benefits, Minn. Statutes 2005 353E.07
Payments by
Actuarial costs, Minn. Statutes 2005 356.214
Allowable expenses, Minn. Statutes 2005 356.001
Benefit distribution upon plan termination, Minn. Statutes 2005 356.001
Fiduciaries, duties, Minn. Statutes 2005 356A.02
Payments to
Health insurance, administrative expenses, Minn. Statutes 2005 356.87
Plan documents, copies to members, Minn. Statutes 2005 356A.07
Portability with other retirement plans
Legislators retirement plan, Minn. Statutes 2005 3A.12
Minneapolis employees retirement fund, Minn. Statutes 2005 422A.16
Minnesota State Retirement System, Minn. Statutes 2005 352.72
Public Employees Retirement Association, Minn. Statutes 2005 353.71
Teachers retirement, Minneapolis, Saint Paul, and Duluth, Minn. Statutes 2005 354A.39
Teachers Retirement Association, Minn. Statutes 2005 354.60
Postretirement investment fund, participation, Minn. Statutes 2005 353.271, 353E.01
Prior service credit, purchases, Minn. Statutes 2005 356.30
Public employees insurance program, Minn. Statutes 2005 43A.316, 356.87
Purpose, Minn. Statutes 2005 356.001
Records and record keeping
Fiduciaries, duties, Minn. Statutes 2005 356A.02
Investments, liquidity documentation, Minn. Statutes 2005 356A.06
Refunds
Automatic deposit, Minn. Statutes 2005 356.401
Public Employees Retirement Association, Minn. Statutes 2005 353.34
Repayment to
Combined service annuities, Minn. Statutes 2005 356.30
Forfeited service credit, Minn. Statutes 2005 356.44
Individual retirement accounts, using, Minn. Statutes 2005 356.441
Legislators retirement plan, Minn. Statutes 2005 3A.12
Minneapolis employees retirement fund, Minn. Statutes 2005 422A.22
Minnesota State Retirement System, Minn. Statutes 2005 352.72
Public Employees Retirement Association, Minn. Statutes 2005 353.71
Qualified annuities, using, Minn. Statutes 2005 356.441
Requirements, Minn. Statutes 2005 356.441
Teachers Retirement Association, Minn. Statutes 2005 354.50
Survivor benefits, Minn. Statutes 2005 353E.07
Reports given
Actuarial valuations, Minn. Statutes 2005 356.215
Experience studies, Minn. Statutes 2005 356.215
Financial reports, Minn. Statutes 2005 356.20, 356.23
Investment of funds, Minn. Statutes 2005 356.219
Marriage dissolution actions, pension benefits or rights, Minn. Statutes 2005 356.49
State auditor, duties, Minn. Statutes 2005 356.219
Reserves, prior service credit purchases, Minn. Statutes 2005 356.30
Retirement annuities, see Normal retirement annuities under this topic
Rule of 90, eligibility, Minn. Statutes 2005 353.30
Salary, see Compensation and salaries under this topic
Service credit
Combined service annuities, Minn. Statutes 2005 356.30
Combined service benefits, Minn. Statutes 2005 356.302, 356.303
Disability benefits, Minn. Statutes 2005 353E.06
Early retirement, Minn. Statutes 2005 353E.04
Forfeited service, refund repayments, Minn. Statutes 2005 356.44
Normal retirement benefits, Minn. Statutes 2005 353E.04
Restored service credit, Minn. Statutes 2005 356.44
Survivor benefits, Minn. Statutes 2005 353E.07
Workers' compensation recipients, Minn. Statutes 2005 353.01
Wrongful discharges, Minn. Statutes 2005 356.50
Spouses, retirement annuities, Minn. Statutes 2005 356.46
State aid, withholding
Investment reporting noncompliance, Minn. Statutes 2005 356.219
Statutes of limitations
Breach of fiduciary duty, Minn. Statutes 2005 356A.12
Successor organizations, Minn. Statutes 2005 356.20, 356.215
Supplemental needs trusts, optional annuity, Minn. Statutes 2005 356.465
Surviving child, see Survivor benefits under this topic
Surviving spouses, see Survivor benefits under this topic
Survivor benefits
Exemption from process, Minn. Statutes 2005 356.401
Generally, Minn. Statutes 2005 353E.07
Joint and survivor annuities, see same under this topic
Simultaneous payment of retirement annuities, Minn. Statutes 2005 356.40
Termination of plan or fund, Minn. Statutes 2005 356.001
Transfer of funds
Postretirement conversion, Minn. Statutes 2005 356.431
Unfunded actuarial accrued liability, Minn. Statutes 2005 356.215, 356.22
Vesting requirements, see Service credit under this topic
Violations and penalties
Fiduciaries, felony violations, service prohibition, Minn. Statutes 2005 356A.03
Investment reporting, noncompliance, Minn. Statutes 2005 356.219
Prohibited transactions, defined, Minn. Statutes 2005 356A.06
Surviving beneficiaries, charge or conviction of causing member's death, loss of survivor benefits, Minn. Statutes 2005 356.406
Waivers
State aid or appropriations, withholding for investment reporting noncompliance, Minn. Statutes 2005 356.219
Survivor benefits, Minn. Statutes 2005 353E.07
Workers' compensation benefits
Service credit, while receiving temporary benefits, Minn. Statutes 2005 353.01
Wrongful discharges, Minn. Statutes 2005 356.50
Years of service, see Service credit under this topic