HF 2508

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

A bill for an act
relating to retirement; limiting reductions in pension
benefits.

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

Section 1. new text begin NO REDUCTION OF BENEFITS.
new text end

new text begin When a pension benefit is properly paid in accordance with
the laws governing the Minneapolis Police Relief Association or
the Minneapolis Firefighters Relief Association to any member,
the dollar amount of the pension a member received shall not be
reduced if the city of Minneapolis and the collective bargaining
agent representing the applicable association enter into or are
required to abide by an agreement that would otherwise require
the association to reduce the dollar amount of a pension that
had properly been paid to any member.
new text end