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Office of the Revisor of Statutes

SF 5072

Introduction - 94th Legislature (2025 - 2026)

Posted on 04/14/2026 09:20 a.m.

KEY: stricken = removed, old language.
underscored = added, new language.
Version List SF5072 Authors and Status
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2.1

A bill for an act
 relating to retirement; modifying election of a member's retirement annuity for
deferred vested members; amending Minnesota Statutes 2024, section 354.44,
subdivision 9.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2024, section 354.44, subdivision 9, is amended to read:


Subd. 9.

Determining applicable law.

new text begin (a) Unless paragraph (b) applies to a member
applying for retirement under this section:
 new text end

deleted text begin Andeleted text end new text begin (1) a member's retirementnew text end annuity under this chapter must be computed under the
law in effect as of the date of termination of teaching servicedeleted text begin .deleted text end new text begin ; and
new text end

new text begin (2) new text end a former teacher who returns to covered service following a termination and who is
not receiving a retirement annuity under this section must have earned at least one-half year
of credited service following the return to covered service to be eligible for improved benefits
resulting from any law change enacted subsequent to that termination.

new text begin (b) This paragraph applies to a member who terminated teaching service before June
30, 2025. The member may elect a retirement annuity calculated under subdivision 6,
paragraph (e), as in effect on July 1, 2025, and using a normal retirement age of 65. The
member is not required: (1) to return to covered service on or after June 30, 2025, to be
entitled to elect the retirement annuity calculated under subdivision 6, paragraph (e), using
a normal retirement age of 65; or (2) to return to covered service on or after July 1, 2024,
to be entitled to have the retirement annuity calculated under subdivision 6, paragraph (e),
using a normal retirement age of 65.
 new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
 new text end