HF 3616

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

A bill for an act
relating to retirement; authorizing purchase of service credit from the public
employees police and fire plan for city of Eveleth police service.

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

Section 1. new text begin PURCHASE OF SERVICE CREDIT.
new text end

new text begin Subdivision 1. new text end

new text begin Eligibility. new text end

new text begin An eligible person may purchase allowable service credit
from the public employees police and fire plan for a period of service as a police officer
provided to the city of Eveleth immediately prior to January 1, 1978, not to exceed 14
months. An eligible person is a person who:
new text end

new text begin (1) is currently a member of the public employees police and fire plan;
new text end

new text begin (2) was first employed by the city of Eveleth police department on November 29,
1976; and
new text end

new text begin (3) was born on June 5, 1956.
new text end

new text begin Subd. 2. new text end

new text begin Purchase requirements. new text end

new text begin An eligible person must apply to the executive
director of the Public Employees Retirement Association to make the service credit
purchase authorized in this section. This application for a purchase of service credit under
Minnesota Statutes, section 356.551, must be in writing and must contain documentation
required by the executive director.
new text end

new text begin Subd. 3. new text end

new text begin Additional requirements; restrictions. new text end

new text begin (a) In addition to the one-year
payment time limit in Minnesota Statutes, section 356.551, the authority provided by this
section is voided if the payment amount is not paid to the executive director of the Public
Employees Retirement Association prior to termination of service by the eligible person.
new text end

new text begin (b) This section is voided if the eligible person received a refund of contributions
relating to the eligible period stated in subdivision 1, due to Laws 1977, chapter 61, section
4, or any other refund provision in applicable law or plan documents.
new text end

new text begin (c) This section is voided relating to any portion of the eligible period specified in
subdivision 1 which was properly excluded from coverage by statute, law, or ordinance
then in effect, or if the lack of coverage was due to an election made by the eligible
individual, or by a failure by that individual to obtain the applicable service credit under
service credit purchase authority in effect when the service was rendered or within two
years following the merger of the Eveleth Police Relief Association members into the
Public Employees Retirement Association police and fire plan as authorized by Laws
1977, chapter 61.
new text end

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

new text begin Section 1 is effective the day following final enactment. new text end