Legislative Session number- 88

Bill Name: SF1249

Relating to retirement; modifying certain teachers retirement provisions
for
members of the St. Paul teachers retirement fund association; requiring
direct state aid on behalf of the former Minneapolis teachers retirement fund
association; increasing state aid; increasing employee and employer
contributions; requiring employer contributions for reemployed annuitants;
modifying provisions relating to recovery of benefit overpayments; requiring
deferred annuity payments for reemployed annuitants to be forfeited to the St.
Paul teachers retirement fund after a certain date; modifying computation of
normal coordinated retirement annuities; modifying the actuarial reduction for
early retirement; authorizing a St. Paul teachers retirement fund association
bylaws amendments
(je)