as introduced - 80th Legislature (1997 - 1998) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to retirement; increasing the maximum pension 1.3 amounts for monthly and lump sum service pensions for 1.4 volunteer firefighters; amending Minnesota Statutes 1.5 1996, section 424A.02, subdivision 3. 1.6 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.7 Section 1. Minnesota Statutes 1996, section 424A.02, 1.8 subdivision 3, is amended to read: 1.9 Subd. 3. [FLEXIBLE SERVICE PENSION MAXIMUMS.] (a) On or 1.10 before August 1 of each year as part of the certification of the 1.11 financial requirements and minimum municipal obligation made 1.12 pursuant to section 69.772, subdivision 4, or 69.773, 1.13 subdivision 5, the secretary or some other official of the 1.14 relief association designated in the bylaws of each relief 1.15 association shall calculate and certify to the governing body of 1.16 the applicable qualified municipality the average amount of 1.17 available financing per active covered firefighter for the most 1.18 recent three-year period. The amount of available financing 1.19 shall include any amounts of fire state aid received or 1.20 receivable by the relief association, any amounts of municipal 1.21 contributions to the relief association raised from levies on 1.22 real estate or from other available revenue sources exclusive of 1.23 fire state aid, and one-tenth of the amount of assets in excess 1.24 of the accrued liabilities of the relief association calculated 1.25 pursuant to sections 69.772, subdivision 2; 69.773, subdivisions 2.1 2 and 4; or 69.774, subdivision 2, if any. 2.2 (b) The maximum service pension which the relief 2.3 association has authority to provide for in its bylaws for 2.4 payment to a member retiring after the calculation date when the 2.5 minimum age and service requirements specified in subdivision 1 2.6 are met must be determined using the table in paragraph (c) or 2.7 (d), whichever applies. 2.8 (c) For a relief association where the governing bylaws 2.9 provide for a monthly service pension to a retiring member, the 2.10 maximum monthly service pension amount per month for each year 2.11 of service credited that may be provided for in the bylaws is 2.12 the maximum service pension figure corresponding to the average 2.13 amount of available financing per active covered firefighter: 2.14 Minimum Average Amount of Maximum Service Pension 2.15 Available Financing per Amount Payable per Month 2.16 Firefighter for Each Year of Service 2.17 (1) for service pensions payable before January 1, 1997 2.18 $... $ .25 2.19 42 .50 2.20 84 1.00 2.21 126 1.50 2.22 168 2.00 2.23 209 2.50 2.24 252 3.00 2.25 294 3.50 2.26 335 4.00 2.27 378 4.50 2.28 420 5.00 2.29 503 6.00 2.30 587 7.00 2.31 672 8.00 2.32 755 9.00 2.33 839 10.00 2.34 923 11.00 2.35 1007 12.00 2.36 1090 13.00 3.1 1175 14.00 3.2 1259 15.00 3.3 1342 16.00 3.4 1427 17.00 3.5 1510 18.00 3.6 1594 19.00 3.7 1677 20.00 3.8 1762 21.00 3.9 1845 22.00 3.10 1888 22.50 3.11 1929 23.00 3.12 2014 24.00 3.13 2098 25.00 3.14 2183 26.00 3.15 2267 27.00 3.16 2351 28.00 3.17 2436 29.00 3.18 2520 30.00 3.19 any amount more than 2520 30.00 3.20 (2) in addition to the service pension maximum under clause 3.21 (1) for service pensions payable after December 31, 1997 3.22 2604 31.00 3.23 2689 32.00 3.24 2773 33.00 3.25 2857 34.00 3.26 2942 35.00 3.27 3026 36.00 3.28 3110 37.00 3.29 3963 38.00 3.30 4047 39.00 3.31 4137 40.00 3.32 any amount more than 4137 40.00 3.33 (d) For a relief association in which the governing bylaws 3.34 provide for a lump sum service pension to a retiring member, the 3.35 maximum lump sum service pension amount for each year of service 3.36 credited that may be provided for in the bylaws is the maximum 4.1 service pension figure corresponding to the average amount of 4.2 available financing per active covered firefighter for the 4.3 applicable specified period: 4.4 Minimum Average Amount Maximum Lump Sum Service 4.5 of Available Financing Pension Amount Payable 4.6 per Firefighter for Each Year of Service 4.7 (1) for service pensions payable before January 1, 1994 4.8 $.. $10 4.9 11 20 4.10 16 30 4.11 23 40 4.12 27 50 4.13 32 60 4.14 43 80 4.15 54 100 4.16 65 120 4.17 77 140 4.18 86 160 4.19 97 180 4.20 108 200 4.21 131 240 4.22 151 280 4.23 173 320 4.24 194 360 4.25 216 400 4.26 239 440 4.27 259 480 4.28 281 520 4.29 302 560 4.30 324 600 4.31 347 640 4.32 367 680 4.33 389 720 4.34 410 760 4.35 432 800 4.36 486 900 5.1 540 1000 5.2 594 1100 5.3 648 1200 5.4 702 1300 5.5 756 1400 5.6 810 1500 5.7 864 1600 5.8 918 1700 5.9 972 1800 5.10 1026 1900 5.11 1080 2000 5.12 1134 2100 5.13 1188 2200 5.14 1242 2300 5.15 1296 2400 5.16 1350 2500 5.17 1404 2600 5.18 1458 2700 5.19 1512 2800 5.20 1566 2900 5.21 1620 3000 5.22 1672 3100 5.23 1726 3200 5.24 1753 3250 5.25 1780 3300 5.26 1820 3375 5.27 any amount more than 1820 3375 5.28 (2) in addition to the service pension maximum under clause 5.29 (1), for service pensions payable after December 31, 1993, and 5.30 before January 1, 1995 5.31 1834 3400 5.32 1888 3500 5.33 any amount more than 1888 3500 5.34 (3) in addition to the service pension maximum under 5.35 clauses (1) and (2), for service pensions payable after December 5.36 31, 1994, and before January 1, 1996 6.1 1942 3600 6.2 1996 3700 6.3 2023 3750 6.4 any amount more than 2023 3750 6.5 (4) in addition to the service pension maximum under 6.6 clauses (1) to (3), for service pensions payable after December 6.7 31, 1995 6.8 2050 3800 6.9 2104 3900 6.10 2158 4000 6.11 any amount more than 2158 4000 6.12 (5) in addition to the service pension maximum under 6.13 clauses (1) to (4), for service pensions payable after December 6.14 31, 1997 6.15 2212 4100 6.16 2265 4200 6.17 2319 4300 6.18 2373 4400 6.19 2427 4500 6.20 2481 4600 6.21 2535 4700 6.22 2589 4800 6.23 2643 4900 6.24 2697 5000 6.25 2751 5100 6.26 2805 5200 6.27 2859 5300 6.28 2913 5400 6.29 2967 5500 6.30 any amount more than 2967 5500 6.31 (e) For a relief association in which the governing bylaws 6.32 provide for a monthly benefit service pension as an alternative 6.33 form of service pension payment to a lump sum service pension, 6.34 the maximum service pension amount for each pension payment type 6.35 must be determined using the applicable table contained in this 6.36 subdivision. 7.1 (f) If a relief association establishes a service pension 7.2 in compliance with the applicable maximum contained in paragraph 7.3 (c) or (d) and the minimum average amount of available financing 7.4 per active covered firefighter is subsequently reduced because 7.5 of a reduction in fire state aid or because of an increase in 7.6 the number of active firefighters, the relief association may 7.7 continue to provide the prior service pension amount specified 7.8 in its bylaws, but may not increase the service pension amount 7.9 until the minimum average amount of available financing per 7.10 firefighter under the table in paragraph (c) or (d), whichever 7.11 applies, permits. 7.12 (g) No relief association is authorized to provide a 7.13 service pension in an amount greater than $30 per month per year 7.14 of service credit before January 1, 1998, and $40 per month per 7.15 year of service credit after December 31, 1997, or in an amount 7.16 greater than $3,375 lump sum per year of service credit before 7.17 January 1, 1994, $3,500 lump sum per year of service credit 7.18 before January 1, 1995, $3,750 lump sum per year of service 7.19 credit before January 1, 1996,and$4,000 lump sum per year of 7.20 service credit after December 31, 1995, and $5,500 lump sum per 7.21 year of service credit after December 31, 1997, even if the 7.22 minimum average amount of available financing per firefighter 7.23 for a relief association providing a monthly benefit service 7.24 pension is greater than $2,240, or, for a relief association 7.25 providing a lump sum service pension, is greater than $1,753 7.26 before January 1, 1994, $1,888 before January 1, 1995, $2,023 7.27 before January 1, 1996,or$2,158 after December 31, 1995, or 7.28 $2,967 after December 31, 1997. 7.29 Sec. 2. [EFFECTIVE DATE.] 7.30 Section 1 is effective the day following final enactment.