Minnesota Legislature
HF 1772
as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
Bill Text Versions
| Engrossments | ||
|---|---|---|
| Introduction | Posted on 03/14/2005 |
Current Version - as introduced
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A bill for an act
relating to retirement; Minneapolis Teachers
Retirement Fund Association; authorizing a certain
teacher to purchase service credit for a study leave.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. new text begin MINNEAPOLIS TEACHERS RETIREMENT FUND
ASSOCIATION; PURCHASE OF PRIOR SERVICE CREDIT FOR A STUDY LEAVE
PERIOD.
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(a) An eligible person described in paragraph (b) is
authorized to purchase service credit from the Minneapolis
Teachers Retirement Fund Association coordinated program for a
period of study leave that commenced on August 26, 1985, in
accordance with Minnesota Statutes, section 356.551.
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(b) An eligible person is a person who:
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(1) is currently an active member of the Minneapolis
Teachers Retirement Fund Association;
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(2) was born on February 20, 1950;
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(3) was first hired as a teacher by Special School District
No. 1, Minneapolis, on August 27, 1980; and
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(4) was on a study leave from Special School District No.
1, Minneapolis, from August 26, 1985, to June 6, 1986.
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(c) An eligible person described in paragraph (b) shall
apply with the executive director of the Minneapolis Teachers
Retirement Fund Association to make the service credit purchase
under this section. The application must be in writing and must
include all necessary documentation of the applicability of this
section, and any other relevant information which the executive
director may require. The payment required under this section
to receive the service credit must be received by the executive
director of the Minneapolis Teachers Retirement Fund Association
before December 31, 2005, and before the eligible person's
retirement or termination from service. The service credit
authorized by this section shall be granted upon receipt of the
service credit purchase payment by the executive director.
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Sec. 2. new text begin EFFECTIVE DATE.
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Section 1 is effective the day following final enactment.
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