SF 4764
Introduction - 94th Legislature (2025 - 2026)
Posted on 03/26/2026 09:04 a.m.
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A bill for an act
relating to retirement; authorizing county commissioners to participate in the health
care savings plan; amending Minnesota Statutes 2024, section 352.98, subdivision
3.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Minnesota Statutes 2024, section 352.98, subdivision 3, is amended to read:
Subd. 3.
Contributions.
(a) new text begin For officers or employees other than county commissioners,
new text end contributions to the plan must be defined in a personnel policy or in a collective bargaining
agreement of a public employer or political subdivision.new text begin For any county commissioner who
elects to participate, the county must mandate that the county commissioner's compensation
be reduced for the duration of the commissioner's term of office to offset the county's
contributions. The county commissioner must inform the county of the amount or percentage
of pay to be contributed no later than 30 days after the start of the county commissioner's
term of office.
new text end
new text begin (b)new text end The executive director may offer different types of trusts permitted under the Internal
Revenue Code to best meet the needs of different employer units.
deleted text begin (b)deleted text end new text begin (c)new text end Contributions to the plan by or on behalf of the participant must be held in trust
for reimbursement of eligible health-related expenses for participants and their dependents
following termination from public employment or in other circumstances set forth in the
plan document. The executive director shall maintain a separate account of the contributions
made by or on behalf of each participant and the earnings thereon. The executive director
shall make available a limited range of investment options, and each participant may direct
the investment of the accumulations in the participant's account among the investment
options made available by the executive director.
deleted text begin (c)deleted text end new text begin (d)new text end This section does not obligate a public employer to meet and negotiate in good
faith with the exclusive bargaining representative of any public employee group regarding
an employer contribution to a postretirement or active employee health care savings plan
authorized by this section and section 356.24, subdivision 1, clause (7). It is not the intent
of the legislature to authorize the state to incur new funding obligations for the costs of
retiree health care or the costs of administering retiree health care plans or accounts.
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective the day following enactment.
new text end