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HF 920

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

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

Bill Text Versions

Engrossments
Introduction Posted on 02/10/2005

Current Version - as introduced

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A bill for an act
 relating to retirement; providing for certain pension
benefits upon the privatization of the Northfield
Hospital; amending Minnesota Statutes 2004, section
353F.02, subdivision 4.

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

Section 1.

Minnesota Statutes 2004, section 353F.02,
subdivision 4, is amended to read:


Subd. 4.

Medical facility.

"Medical facility" means:

(1) the Fair Oaks Lodge, Wadena;

(2) the Glencoe Area Health Center;

(3) the Kanabec Hospital;

(4) the Luverne Public Hospital;

(5) new text begin the Northfield Hospital;
new text end

new text begin (6) new text end the RenVilla Nursing Home;

deleted text begin (6) deleted text end new text begin (7) new text end the Renville County Hospital in Olivia;

deleted text begin (7) deleted text end new text begin (8) new text end the St. Peter Community Healthcare Center; and

deleted text begin (8) deleted text end new text begin (9) new text end the Waconia-Ridgeview Medical Center.

Sec. 2. new text begin EFFECTIVE DATE.
new text end

new text begin Section 1 is effective upon the latter of:
 new text end

new text begin (1) the day after the governing body of the city of
Northfield and its chief clerical officer timely complete their
compliance with Minnesota Statutes, section 645.021,
subdivisions 2 and 3; and
new text end

new text begin (2) the first day of the month next following certification
to the Northfield City Council by the executive director of the
Public Employees Retirement Association that the actuarial
accrued liability of the special benefit coverage proposed for
extension to the privatized Northfield Hospital employees under
section 1 does not exceed the actuarial gain otherwise to be
accrued by the Public Employees Retirement Association, as
calculated by the consulting actuary retained by the Legislative
Commission on Pensions and Retirement. The cost of the
actuarial calculations must be borne by the Northfield Hospital.
 new text end