Key: (1) language to be deleted (2) new language
Laws of Minnesota 1992
CHAPTER 373-H.F.No. 1744
An act relating to retirement; public employees
retirement association; providing entitlement for
optional annuities to certain surviving spouses of
certain deceased disabilitants; mandating a study of
coordinated program survivorship benefit gaps.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. [PUBLIC EMPLOYEES RETIREMENT ASSOCIATION;
RETROACTIVE ENTITLEMENT FOR OPTIONAL ANNUITY FORM COVERAGE FOR
CERTAIN SURVIVORS.]
Notwithstanding any provision of Minnesota Statutes,
section 353.33, subdivision 2, to the contrary, the surviving
spouse of a deceased member of the public employees retirement
association who:
(1) requested disability information from the association
on June 5, 1991;
(2) made a valid application for Social Security disability
benefits;
(3) died on June 22, 1991; and
(4) had accumulated salary deductions to the credit of his
account as of the date of death in the amount of $11,801.55;
is entitled, upon application, to the survivor portion of an
actuarial equivalent 100 percent joint and survivor optional
annuity form based on the disability benefit that would have
been payable to the decedent before the decedent's death if the
decedent had filed a valid and timely disability benefit
application.
The application to be filed by the surviving spouse shall
be in the form prescribed by the executive director of the
public employees retirement association. The optional annuity
accrues as of July 1, 1991, and the initial optional annuity
payment made after the effective date of this section shall
include back payments to July 1, 1991.
Sec. 2. [STUDY OF COORDINATED MEMBER SURVIVOR COVERAGE
GAPS.]
The legislative commission on pensions and retirement shall
study the subject of gaps in survivor coverage that exist for
members of public pension coordinated programs in Minnesota and
shall report on the results of its study and any associated
proposed legislation on or before January 4, 1993. The results
of the study and any proposed legislation must be reported to
the chairs of the governmental operations committee of the house
of representatives, the governmental operations committee of the
senate, the appropriations committee of the house of
representatives, and the finance committee of the senate.
Sec. 3. [EFFECTIVE DATE.]
Sections 1 and 2 are effective the day following final
enactment.
Presented to the governor March 30, 1992
Signed by the governor April 1, 1992, 5:10 p.m.
Official Publication of the State of Minnesota
Revisor of Statutes