HF 3220

as introduced - 88th Legislature (2013 - 2014) Posted on 03/20/2014 02:04pm

A bill for an act
relating to retirement; public employees police and fire retirement plan;
permitting the purchase of allowable service credit for pre-2003 employment by
certain police officers of the Mille Lacs tribal police department.

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

Section 1. new text begin PERA-P&F; MILLE LACS BAND PRIOR SERVICE CREDIT
PURCHASE AUTHORIZED.
new text end

new text begin (a) An eligible person described in paragraph (b) is entitled to purchase allowable
service credit in the public employees police and fire retirement plan for the period
specified in paragraph (c) by remitting the payment calculated under paragraph (d).
new text end

new text begin (b) An eligible person is a person who:
new text end

new text begin (1) was born on June 28, 1966;
new text end

new text begin (2) was initially employed as a full-time police officer by the Mille Lacs tribal
police department on October 29, 1998;
new text end

new text begin (3) was initially employed as a part-time police officer by the city of Onamia on
July 28, 2002;
new text end

new text begin (4) was initially employed as a part-time police officer by the city of Pierz on March
14, 2013; and
new text end

new text begin (5) is an active member of the public employees police and fire retirement plan.
new text end

new text begin (c) The period of Mille Lacs tribal police department employment available for
purchase is the two-year period of Mille Lacs tribal police department employment
immediately preceding initial active membership in the public employees police and fire
retirement plan in that capacity.
new text end

new text begin (d) The full actuarial value prior service credit purchase payment amount must be
calculated under Minnesota Statutes, section 356.551.
new text end

new text begin (e) The eligible person must provide the executive director of the Public Employees
Retirement Association with any relevant requested information pertaining to the service
credit purchase.
new text end

new text begin (f) Authority to make a service credit purchase under this section expires on June 30,
2015, or upon the eligible person's termination from public employment as defined under
Minnesota Statutes, section 353.01, subdivision 11a, whichever occurs earlier.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end