Skip to main content Skip to office menu Skip to footer
Capital Icon Minnesota Legislature

Office of the Revisor of Statutes

SF 451 Senate Long Description

E Relating to retirement ARTICLE 1 OPEN MEETING REQUIREMENT FOR LOCAL PUBLIC PENSION PLANSClarifying the application of the open meeting law to statewide public pension plans, volunteer firefighters relief associations, first class cities teachers retirement fund associations and the Minneapolis employees retirement fund (MERF) and police relief association ARTICLE 2 POLICE STATE AID AMENDMENTSProviding eligibility for police state aid to tribal police departments exercising state arrest powersARTICLE 3 - POSTRETIREMENT HEALTH CARE INSURANCE COVERAGERequiring the Minnesota state retirement system to establish the postretirement health care savings plan for state employees; authorizing MSRS to contract with public and private entities to provide investment services, recordkeeping, benefit payments and other administrative functions; requiring contributions to be determined through personnel policies or collective bargaining agreements and to be held in trust for reimbursement of employee and dependent health related expenses following retirement from state employment; specifying certain separate account maintenance and investment options requirements; providing for the reimbursement of health related expenses; authorizing fees; requiring MSRS to establish a participant advisory committee for plan offerings and vendor selection consultation purposes ARTICLE 4 PRIVATIZED PUBLIC EMPLOYEE DISABILITY COVERAGE Authorizing and providing for continued disability coverage under the Minnesota state retirement system (MSRS) university hospital employee retirement plan and under the public employees retirement association (PERA) privatized public hospital benefit plan for certain totally and permanently disabled terminated hospital employees ARTICLE 5 PERA-GENERAL MEMBERSHIP INCLUSIONSProviding coverage under the public employees retirement association for full time employees of the Dakota county agricultural society, expanding the definition of governmental subdivision to the Spring Lake Park fire department and excluding certain trades personnel employed by the city of St. Paul and plumbers employed by the metropolitan airports commission (MAC) from PERA coverage, providing for member contribution refunds or deferred annuity eligibility; authorizing Dakota county to provide financial and accounting services to the metropolitan intercounty association and to the Dakota county agricultural society, authorizing the consideration of employees of the agricultural society as county employees for group insurance coverage purposesARTICLE 6 GENERALIZED SERVICE CREDIT PURCHASESAuthorizing the purchase of service credit for out of state teaching service performed for educational institutions established and operated by certain other governmental subdivisions; expanding the authorized use of college supplemental retirement funds to purchase certain additional service credit and to repayment of certain refunds, providing for the purchase of service credit for university of Minnesota teaching service and by state college and university system individual retirement account plan (IRAP) members with deferred teachers retirement association credit and extending the expiration date for the prior service credit purchase payment; authorizing the purchase of prior service credit in TRA and the first class city teachers retirement fund associations for developmental achievement center teaching service; authorizing and providing for the purchase of service credit for parental or family leaves of absence or parental or family related breaks in employment by certain members of certain public pension plans; sunsets ARTICLE 7 MINNESOTA STATE COLLEGES AND UNIVERSITIES SYSTEM RETIREMENT PROVISIONS Expanding the provision providing for teachers retirement association membership for persons on authorized leave of absence to serve as employees of labor organizations; providing for the transfer of funds from the TRAs to the individual retirement account plan (IRAP) for teachers with less than a certain number of years of allowable TRA service; repealing the provision authorizing the purchase of service credit by officers of labor organizations for time spent on leaveARTICLE 8 SUPPLEMENTAL PENSION PLAN PROVISIONSProviding an exception to the restriction on local government unit contributions to public employee supplemental pension plans for contributions to the laborers national industrial or international union of operating engineers pension funds for public employees with collective bargaining agreements providing for coverage by the funds ARTICLE 9 MINNEAPOLIS POLICE RELIEF ASSOCIATION MAIL-IN BALLOTING OR VOTING PROVISIONS Authorizing members of the Minneapolis police relief association to participate in the election of association board members by mail and the board to conduct a referendum of members by mail relating to amendment of the bylaws to allow future proposed amendments to the bylaws to be approved by mail vote ARTICLE 10 LOCAL POLICE AND PAID FIRE PENSION PLANSRetroactively increasing benefits payable to retired police officers, firefighters and surviving spouses by the Eveleth police and fire trust fundARTICLE 11- ONE PERSON OR SMALL GROUP SERVICE CREDIT PURCHASES Authorizing and providing the purchase of prior credit service in the teachers retirement association (TRA) by a certain teacher employed by independent school district 11, Anoka-Hennepin due to a clerical error in the granting of service credit for a sabbatical leave of absence and by a certain teacher formerly employed by the Hutchinson public schools (independent school district 423) and granted an extended leave of absence, in the public employees retirement association by a certain member formerly employed as a clerical worker and currently employed as a teacher by independent school district 624, White Bear Lake, in the Minneapolis teachers retirement fund association (TRA) by a certain special education teacher for a period of omitted contributions caused by error of special school district 1, Minneapolis, in PERA by a certain former Lac qui Parle county employee and by a certain former employee of the Minneapolis park board for certain previously uncredited service due to omitted salary deductions, in the Minnesota state retirement system (MSRS) unclassified employees retirement plan by a certain current employee of the Minneapolis employees retirement fund (MERF) covered by the PERA coordinated plan for certain temporary full time employment by the university of Minnesota Carlson school of management, in the PERA public employees police and fire plan by a certain full time Brainerd police officer and in PERA by a certain former member of the St. Paul city councilARTICLE 12 VARIOUS ADMINISTRAIVE PROVISIONS Clarifying entitlement to contribution refunds for former members of the legislature under the legislators retirement plan of the Minnesota state retirement system; requiring and providing for calculation of the total fair market value of the Minnesota postretirement investment fund according to generally accepted accounting principles; classifying certain data on beneficiaries and survivors under the Minneapolis, St. Paul and Duluth teachers retirement fund associations and limiting disclosure of certain data on members, survivors and beneficiaries; clarifying the eligibility of certain employees of the Minnesota state colleges and universities (MnSCU) system for retirement benefits under MSRS or TRA and eliminating the exclusion of elective state officers from MSRS; providing for psychological and chiropractic examinations as evidence to support applications for total and permanent disability benefits under MSRS, modifying a certain contribution refund requirement, certain state fire marshal division disability benefits eligibility qualification requirements, the age for cessation of disability benefits and a certain provision providing for the continuation of disability benefits upon resumption of employment under the correctional employees retirement plan and the definition of average monthly salary and certain disability benefits eligibility requirements under the state troopers retirement plan; extending the time limit for remittance of amounts due the TRA after employer receipt of a payroll warrant; modifying the definition of salary and certain reporting, remittance and refund requirements and providing for the acceptance of certain rollover payments under the first class city TRAs; authorizing and providing for members of the Duluth teachers retirement fund association receiving temporary workers compensation payments and a reduced salary or no salary to purchase allowable service credit for the period; providing for public pension plans lump sum postretirement payment conversions and transfer of required reserves to the Minnesota postretirement investment fund; including first class city TRAs under a certain investment business recipient disclosure requirement; modifying the definition of allowable service under the judges retirement fund; delaying the effective date of certain prior public employees retirement association (PERA) local government correctional service retirement plan modifications; repealing the Duluth teachers retirement fund association exception to certain actuarial valuationrequirements ARTICLE 13 - STATE PATROL RETIREMENT PLAN MEMBERSHIP EXPANSIONExpanding coverage under the state patrol retirement fund to licensed peace officers employed by the fugitive apprehension unit of the office of special investigations in the department of corrections, requiring the transfer of certain employee and employer contributions from the general state employees retirement plan of the Minnesota state retirement system (MSRS) to the state patrol retirement fund and requiring certain additional contributions plus interest ARTICLE 14 - REMEDIAL MEASURES FOR THE PERA GENERAL FUNDING DEFICIENCYModifying and clarifying certain public employees retirement association provisions and providing for optional PERA membership for certain public employees; clarifying coverage of seasonal positions; modifying and clarifying the definition of allowable service and defining certain additional terms; increasing employee and employer contribution rates under the basic and coordinated programs; expanding employer reporting requirements to the number of compensated hours during a payroll period; excluding a certain person employed by special school district 1 and a former member of the Minneapolis employees retirement fund and certain trades personnel employed by the city of St. Paul from coverage under the public employees retirement association; transferring active members of the PERA general employees retirement plan to the teachers retirement association after a certain date; delaying the date for full funding of the general plan; requiring a joint report to the legislature by a certain date detailing the implementation steps necessary to consolidate the administration of MSRS, PERA and TRA into single structure; requiring the TRA and the Duluth, Minneapolis and St. Paul teachers retirement fund associations to jointly prepare a report to the legislature by a certain date detailing the steps necessary to create a restructured teachers retirement plan; appropriating certain amounts of money to the commissioner of finance for transfer to the PERA general employees retirement fund ARTICLE 15 - CLOSED CHARTER SCHOOL RETIREMENT CONTRIBUTIONSProviding for state payment of unpaid employee and employer contributions to the applicable teachers retirement association (TRA) or the public employees retirement association (PERA) for teaching service in certain designated closed charter schools; requiring the commissioner of finance to undertake reasonable efforts to recover the amounts from sponsors or operators of the closed schools ARTICLE 16 - MINNEAPOLIS FIREFIGHTERS RELIEF ASSOCIATION BENEFIT PLAN CODIFICATION AND REVISIONCodifying, reorganizing and clarifying laws governing the Minneapolis firefighters relief association relating to creation of the association, the governing board, association funds and accounts, defined benefits, investment related postretirement adjustments, actuarial valuations, member contribution refunds upon death and payments exempt from process; specifying the effect of the legislation on workers compensation; providing for the right of the association to reduce pensions and benefits; specifying certain reporting requirements of the finance director of the city of Minneapolis and certain books and accounts examination requirements of the state auditor; providing for the city normal cost contribution adjustment, for suspension of normal cost contributions and for amortization of unfunded obligations; repealing the local laws governing the association ARTICLE 17 - VOLUNTEER FIREFIGHTER RELIEF ASSOCIATION PROVISIONSRequiring a certificate of insurance for volunteer firefighters relief associations hiring of consultants ARTICLE 18 SECOND SOCIAL SECURITY REFERENDUM FOR LEGISLATORSCreating the coordinated program of the legislators retirement plan; providing a second social security coverage referendum for members of the legislators retirement plan, members electing the retroactive social security coverage to become members of the coordinated program; requiring the governor to set a date for the referendum and the executive director of the Minnesota state retirement system to transfer sufficient assets to the program; providing for MSRS payment of retroactive social security taxes, requiring and providing for legislator reimbursements; appropriating money to the executive director of MSRS for transfer to the coordinated program for implementation purposes (ra, ja)