Minnesota Session Laws - 1992, Regular Session

  

                         Laws of Minnesota 1992 

                        CHAPTER 372-H.F.No. 1567 
           An act relating to retirement; Falcon Heights 
          volunteer firefighters relief associations; 
          authorizing full vesting with five years of service. 
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
    Section 1.  [FALCON HEIGHTS VOLUNTEER FIREFIGHTERS RELIEF 
ASSOCIATION:  FULL VESTING AT FIVE YEARS OF SERVICE.] 
    Notwithstanding any provision of Minnesota Statutes, 
section 424A.02, subdivision 2, to the contrary, if the articles 
of incorporation or bylaws of the relief association so provide, 
the Falcon Heights volunteer firefighters relief association may 
pay an unreduced service pension to a retiring member who has 
completed at least five years of service. 
    The service pension may be paid when the retiring member 
meets the minimum age requirement of Minnesota Statutes, section 
424A.02, subdivision 1. 
    Sec. 2.  [EFFECTIVE DATE.] 
    Section 1 is effective upon approval by the Falcon Heights 
city council and compliance with Minnesota Statutes, section 
645.021, and applies for the plan year in which the reduced 
vesting provision is approved and implemented. 
    Presented to the governor March 30, 1992 
    Signed by the governor April 1, 1992, 5:12 p.m.