E Creating a local government correctional service retirement plan to be administered by the public employees retirement association; specifying revenue sources and investment options, providing for participation in the Minnesota postretirement investment fund; providing for the determination and collection of member and employer contributions; restricting fund disbursements; defining correctional service employees; providing for retirement annuities, specifying eligibility, amount, eligibility for early retirement, annuity accrual and duration and a multiple service limit; providing for augmentation for prior service benefits from PERA or the public employees police and fire fund, exceptions; providing for duty and nonduty disability and for survival benefits; including the plan under certain actuarial valuation requirements and modifying the allocation of retirement plan actuarial costs by the legislative commission on pensions and retirement (LCPR); repealing a certain existing provision providing for correctional employee disability benefit coverage under PERA (ra, ja)