HF 231

as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 01:34am

A bill for an act
relating to retirement; excluding certain teacher assistant employment from
retirement coverage to qualify for deferred annuities augmentation.

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

Section 1. new text begin MSRS-GENERAL AND PERA-GENERAL; PLAN MEMBERSHIP
EXCLUSION AND DEFERRED ANNUITY AUGMENTATION.
new text end

new text begin (a) A qualified person described in paragraph (b) may, upon written application
filed with the executive director of the Public Employees Retirement Association, elect
retroactive exclusion from coverage by the general employees retirement plan of the
Public Employees Retirement Association for any period of teacher assistant service for
Independent School District No. 623, Roseville, and qualification for deferred annuities
augmentation for the retroactively excluded period.
new text end

new text begin (b) A qualified person is a person who:
new text end

new text begin (1) was born on August 13, 1953;
new text end

new text begin (2) was employed by the Ramsey County Attorney's Office from January 20, 1995,
to June 22, 1999;
new text end

new text begin (3) was employed by the state of Minnesota from June 22, 1999, to April 4, 2006; and
new text end

new text begin (4) was employed by Independent School District No. 623, Roseville, as a teacher
assistant following terminating state employment from December 13, 2007, to June 6,
2008.
new text end

new text begin (c) If the retroactive exclusion is elected, all member and employer contributions to
the general employees retirement plan of the Public Employees Retirement Association
made with respect to Independent School District No. 623, Roseville, teacher assistant
employment must be refunded with interest under Minnesota Statutes, section 353.27,
subdivision 7, and the qualified person is entitled, if otherwise eligible, for deferred
annuities augmentation from the general employees retirement plan of the Public
Employees Retirement Association and from the general state employees retirement plan
of the Minnesota State Retirement System for the period of retroactive exclusion.
new text end

new text begin (d) Authority to make the election under this section expires September 1, 2009.
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