HF 227

as introduced - 81st Legislature (1999 - 2000) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to retirement; providing special benefit 
  1.3             coverage for state fire marshals; proposing coding for 
  1.4             new law in Minnesota Statutes, chapter 352. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [352.87] [STATE FIRE MARSHALS.] 
  1.7      Subdivision 1.  [ELIGIBILITY; RETIREMENT ANNUITY.] A person 
  1.8   who is employed by the department of public safety as a fire 
  1.9   marshal who elects special benefit coverage under subdivision 6 
  1.10  and who meets the eligibility requirements under the general 
  1.11  employee retirement plan of the system under section 352.01 is 
  1.12  eligible for retirement benefits if they have three or more 
  1.13  years of service in the general plan or a combination of the 
  1.14  general plan and coverage under this section and have attained 
  1.15  the age of 55. 
  1.16     Subd. 2.  [RETIREMENT ANNUITY FORMULA.] A person who elects 
  1.17  special benefit coverage under subdivision 6 will have a 
  1.18  retirement annuity calculated on the employee's average salary, 
  1.19  as defined in section 352.115, subdivision 2, multiplied by two 
  1.20  percent for each year of service for any service rendered after 
  1.21  July 1, 1999, without any reduction for early retirement upon 
  1.22  the attainment of age 55.  Service for less than a full year 
  1.23  will be credited pro rata for completed months. 
  1.24     Subd. 3.  [NON-JOB-RELATED DISABILITY BENEFITS.] An 
  1.25  employee defined in subdivision 1, who is less than 55 years of 
  2.1   age and who becomes disabled and physically or mentally unfit to 
  2.2   perform the duties of the position because of sickness or injury 
  2.3   while not engaged in covered employment, is entitled to a 
  2.4   benefit amount equal to 15 years of service as described under 
  2.5   subdivision 2 without a reduction of benefits.  An employee who 
  2.6   becomes disabled under this subdivision with more than 15 years 
  2.7   of covered service is entitled to unreduced benefits under 
  2.8   subdivision 2 based on all years of service. 
  2.9      Subd. 4.  [JOB-RELATED DISABILITY BENEFITS.] An employee 
  2.10  defined in subdivision 1, who is less than 55 years of age and 
  2.11  who becomes disabled and physically or mentally unfit to perform 
  2.12  the duties of the position because of sickness or injury while 
  2.13  engaged in covered employment, is entitled to a benefit amount 
  2.14  equal to 20 years of service under subdivision 2 without 
  2.15  reduction of benefits.  An employee who becomes disabled under 
  2.16  this subdivision with more than 20 years of covered service is 
  2.17  entitled to unreduced benefits under subdivision 2, based on all 
  2.18  years of service. 
  2.19     Subd. 5.  [ADDITIONAL CONTRIBUTIONS.] The special 
  2.20  retirement annuity and disability coverage under this section 
  2.21  shall be financed by an employee contribution of $....... and an 
  2.22  employer contribution of $........  These contributions are in 
  2.23  addition to the contributions required by section 352.04, 
  2.24  subdivisions 2 and 3, and must be made in the manner provided 
  2.25  for in section 352.04, subdivisions 4, 5, and 6. 
  2.26     Subd. 6.  [ELECTION OF COVERAGE.] To be covered by this 
  2.27  section, an employee of the department of public safety 
  2.28  described in subdivision 1 who is employed in the described 
  2.29  position on or after July 1, 1999, must file a notice with the 
  2.30  executive director of the Minnesota state retirement system on a 
  2.31  form prescribed by the executive director stating whether or not 
  2.32  the employee elects to be covered by this section.  Notice must 
  2.33  be filed by September 1, 1999, or within 90 days of employment, 
  2.34  whichever is later.  Elections are irrevocable during any period 
  2.35  of covered employment.