SF 503 Senate Long Description
Providing coverage under the correctional employees retirement plan of the Minnesota state retirement system for the laundry coordinator and delivery van driver positions at the Faribault correctional facility; entitling and providing for employees with retirement coverage transferred to the correctional plan to elect to obtain prior service credit for eligible state service performed between certain dates with the department of corrections, requiring commissioner of corrections certification of eligible correctional service to the commissioner of employee relations (DOER) and the MSRS executive director; providing for additional employee contributions and for the transfer of assets from the general state employees retirement plan to the correctional employees retirement plan, requiring department of corrections reimbursement to the legislative commission on pensions and retirement (LCPR) for actuarial work performed by the commission actuary and providing for the effect of the asset transfers
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