as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am
A bill for an act
relating to retirement; providing for certain pension benefits upon privatization
of the Lakeview Nursing Home in Gaylord; amending Minnesota Statutes 2006,
section 353F.02, subdivision 4.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2006, section 353F.02, subdivision 4, is amended to read:
"Medical facility" means:
(1) Bridges Medical Services;
(2) the City of Cannon Falls Hospital;
(3) Clearwater County Memorial Hospital doing business as Clearwater Health
Services in Bagley;
(4) the Dassel Lakeside Community Home;
(5) the Fair Oaks Lodge, Wadena;
(6) the Glencoe Area Health Center;
(7) the Hutchinson Area Health Care;
(8) the Kanabec Hospital;
(9) new text begin the Lakeview Nursing Home in Gaylord;
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new text begin (10) new text end the Luverne Public Hospital;
deleted text begin (10)deleted text end new text begin (11) new text end the Northfield Hospital;
deleted text begin (11)deleted text end new text begin (12) new text end the RenVilla Nursing Home;
deleted text begin (12)deleted text end new text begin (13) new text end the Renville County Hospital in Olivia;
deleted text begin (13)deleted text end new text begin (14) new text end the St. Peter Community Healthcare Center; and
deleted text begin (14)deleted text end new text begin (15) new text end the Waconia-Ridgeview Medical Center.
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Section 1 is effective upon the latter of:
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(1) the day after the governing body of the city of Gaylord and its chief clerical
officer timely comply with Minnesota Statutes, section 645.021, subdivisions 2 and 3; and
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(2) the first day of the month next following certification to the Gaylord City Council
by the executive director of the Public Employees Retirement Association that the actuarial
accrued liability of the special benefit coverage proposed for extension to the privatized
Lakeview Nursing Home employees under section 1 does not exceed the actuarial gain
otherwise to be accrued by the Public Employees Retirement Association, as calculated by
the consulting actuary retained under Minnesota Statutes, section 356.214. The cost of the
actuarial calculations must be borne by the current employer or by the entity which is the
employer following the privatization, and the date of the actuarial calculations must be
within one year of the date the Lakeview Nursing Home is sold or leased.
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