Minnesota Session Laws - 1983, Regular Session

  

                         Laws of Minnesota 1983 

                         CHAPTER 85--S.F.No. 827
           An act relating to retirement; public employees 
          retirement association; removing a waiting period 
          prior to the effect of an optional annuity for 
          disabilitants; amending Minnesota Statutes 1982, 
          sections 353.33, subdivision 3a; and 353.656, 
          subdivision 1a. 
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
    Section 1.  Minnesota Statutes 1982, section 353.33, 
subdivision 3a, is amended to read: 
    Subd. 3a.  [OPTIONAL ANNUITY ELECTION.] A disabled member 
may elect to receive the normal disability benefit or an 
optional annuity as provided in section 353.30, subdivision 3.  
The election of an optional annuity shall be made prior to the 
commencement of payment of the disability benefit and shall be 
effective 30 days after receipt of the election or the date on 
which the disability benefit begins to accrue as provided in 
subdivision 2, whichever occurs later.  Upon becoming effective, 
The optional annuity shall begin to accrue on the same date as 
provided for the disability benefit.  
    Sec. 2.  Minnesota Statutes 1982, section 353.656, 
subdivision 1a, is amended to read: 
    Subd. 1a.  [OPTIONAL ANNUITY ELECTION.] A disabled member 
of the police and fire fund may elect to receive the normal 
disability benefit or an optional annuity as provided in section 
353.30, subdivision 3.  The election of an optional annuity 
shall be made prior to commencement of payment of the disability 
benefit and shall be effective 30 days after receipt of the 
election or the date on which the disability benefit begins to 
accrue, whichever occurs later.  Upon becoming effective, The 
optional annuity shall begin to accrue on the same date as 
provided for the disability benefit.  
    Sec. 3.  [EFFECTIVE DATE.] 
    This act is effective the day following final enactment and 
applies retroactively to May 1, 1981. 
    Approved May 9, 1983