SF 1925

as introduced - 92nd Legislature (2021 - 2022) Posted on 05/28/2021 04:18pm

A bill for an act
relating to retirement; Ramsey Volunteer Firefighters' Relief Association; full
vesting and distribution of accounts to firefighters assigned to the Nowthen fire
station; repealing Laws 2020, chapter 108, article 14, section 1.

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

Section 1. new text begin VESTING AND DISTRIBUTION OF NOWTHEN FIREFIGHTERS'
ACCOUNTS IN THE RAMSEY VOLUNTEER FIREFIGHTERS' RELIEF
ASSOCIATION.
new text end

new text begin Subdivision 1. new text end

new text begin Definitions. new text end

new text begin (a) "Account" means the account established for a member
under the Ramsey relief association, to which an allocation of fire state aid, supplemental
aid, contributions, forfeitures, interest, and investment earnings or losses have been credited
for every year the member was eligible to receive such allocation under the bylaws of the
Ramsey relief association.
new text end

new text begin (b) "Nowthen firefighter" means a firefighter (1) who is or was an employee of the city
of Ramsey assigned to the Nowthen fire station on March 31, 2021; (2) who has an account
in the Ramsey relief association; and (3) whose employment is or was terminated by the
city of Ramsey in 2021.
new text end

new text begin (c) "Ramsey relief association" means the Ramsey Volunteer Firefighters' Relief
Association.
new text end

new text begin Subd. 2. new text end

new text begin Eligibility for allocation, full vesting, and immediate access to
accounts. new text end

new text begin Notwithstanding any laws or provisions in the bylaws or articles of incorporation
of the Ramsey relief association to the contrary:
new text end

new text begin (1) Any Nowthen firefighter whose employment with the city of Ramsey terminates
during 2021 shall be considered as having worked 12 months of active service for 2021 and
as having the status of active member of the association in good standing on December 31,
2021, for purposes of (i) allocating fire state aid, supplemental aid, contributions, forfeitures,
interest, and investment earnings or losses; and (ii) deducting administrative expenses.
new text end

new text begin (2) The account of each Nowthen firefighter in the Ramsey relief association shall
become 100 percent vested as of the date on which the Nowthen firefighter's employment
with the city of Ramsey is or was terminated.
new text end

new text begin (3) The Nowthen firefighter shall be entitled to elect an immediate distribution of the
Nowthen firefighter's account in the Ramsey relief association, which distribution may be
paid, at the election of the Nowthen firefighter, in a lump sum directly to the Nowthen
firefighter or in a direct rollover to an eligible retirement plan, as defined in Minnesota
Statutes, section 356.635, subdivision 6, designated by the Nowthen firefighter.
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

Sec. 2. new text begin FIRE STATE AID FOR NOWTHEN.
new text end

new text begin For the purposes of fire state aid payable in 2022 under Minnesota Statutes, chapter
477B, the city of Nowthen will be considered as having satisfied the requirement under
Minnesota Statutes, section 477B.02, subdivision 2, paragraph (b), to have provided
firefighting services for at least one calendar year, if the city of Nowthen provides
documentation of its fire department being in operation no later than December 31, 2021,
to the commissioner of revenue no later than February 1, 2022.
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

Sec. 3. new text begin PARTICIPATION IN THE PERA STATEWIDE VOLUNTEER
FIREFIGHTER PLAN.
new text end

new text begin Notwithstanding Minnesota Statutes, section 353G.05, subdivision 5, paragraph (c),
coverage by the statewide volunteer firefighter plan of the volunteer firefighters employed
by the city of Nowthen shall be effective on the date an election of coverage by the statewide
volunteer firefighter plan is approved by the governing board of the city of Nowthen or, if
later, on the date that the city of Nowthen satisfies all other requirements for coverage by
the statewide volunteer firefighter plan under Minnesota Statutes, section 353G.05.
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

Sec. 4. new text begin REPEALER.
new text end

new text begin Laws 2020, chapter 108, article 14, section 1, new text end new text begin is repealed.
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

APPENDIX

Repealed Minnesota Session Laws: 21-03410

Laws 2020, chapter 108, article 14, section 1 by Laws 2021, chapter 22, article 6, section 12

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