1.1 	A bill for an act
1.2 	relating to retirement; Public Employees Retirement
1.3 	Association; adding employees of Bridges Medical
1.4 	Services, in Ada, to privatization coverage; amending
1.5 	Minnesota Statutes 2004, section 353F.02, subdivision
1.6 	4.
1.7 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.8 	Section 1. Minnesota Statutes 2004, section 353F.02,
1.9 	subdivision 4, is amended to read:
1.10 		Subd. 4.Medical facility.  "Medical facility" means:
1.11 	(1) Bridges Medical Services;
1.12 	(2) the Fair Oaks Lodge, Wadena;
1.13 	(2) (3) the Glencoe Area Health Center;
1.14 	(3) (4) the Kanabec Hospital;
1.15 	(4) (5) the Luverne Public Hospital;
1.16 	(5) (6) the RenVilla Nursing Home;
1.17 	(6) (7) the Renville County Hospital in Olivia;
1.18 	(7) (8) the St. Peter Community Healthcare Center; and
1.19 	(8) (9) the Waconia-Ridgeview Medical Center.

1.20 	Sec. 2. EFFECTIVE DATE.
 1.21 	(a) Section 1 is effective upon the later of:
1.22 	(1) the day after the governing body of the city of Ada and
1.23 	its chief clerical officer timely complete their compliance with
1.24 	Minnesota Statutes, section 645.021, subdivisions 2 and 3; and 
1.25 	(2) the first day of the month next following certification
1.26 	to the governing body of the city of Ada by the executive
2.1 	director of the Public Employees Retirement Association that the
2.2 	actuarial accrued liability of the special benefit coverage
2.3 	proposed for extension to the privatized Bridges Medical
2.4 	Services employees under section 1 does not exceed the actuarial
2.5 	gain otherwise to be accrued by the Public Employees Retirement
2.6 	Association, as calculated by the consulting actuary retained
2.7 	under Minnesota Statutes, section 356.214.
2.8 	(b) The cost of the actuarial calculations must be borne by
2.9 	the city of Ada or the purchaser of Bridges Medical Services.
2.10 	(c) If the required actions under paragraphs (a) and (b)
2.11 	occur, section 1 applies retroactively to the date of
2.12 	privatization.