1997 Minnesota Statutes

     356.36 Permanent disability benefits and retirement 
  annuities; increase; exceptions. 

    Subdivision 1.  Except as provided in section 356.38, any 
 plan participant who began receiving a permanent disability 
 benefit or a retirement annuity prior to the determinant date 
 and is receiving a permanent disability benefit or a retirement 
 annuity based on laws in effect prior to such date from a 
 covered retirement fund or any combination of such funds shall 
 receive, beginning with the first monthly benefit or annuity 
 accruing after June 30, 1976, an increase in the benefit or 
 annuity from each such fund as provided in subdivisions 2 and 
 3.  Provided however, that no plan participant who is receiving 
 a permanent disability benefit or a retirement annuity from the 
 Minneapolis employees retirement fund in excess of $300 per 
 month shall be entitled to an increase in such benefit or 
 annuity pursuant to Laws 1976, chapter 326.  Provided further, 
 that no plan participant who is less than 70 years of age and is 
 receiving a permanent disability benefit or a retirement annuity 
 from the St. Paul teachers retirement fund shall be entitled to 
 an increase in the benefit or annuity pursuant to Laws 1976, 
 chapter 326 until the plan participant attains the age of 70 
 years. 

    Subd. 2.  In the case of permanent disability benefits and 
 retirement annuities computed under the provisions of a "basic" 
 retirement program, there shall be: 

    (1) a $4.50 increase in annual payments for each full year 
 of allowable service earned by the plan participant in the 
 respective covered retirement fund; and 

    (2) a $9 increase in annual payments for each year of 
 retirement. 

    Subd. 3.  In the case of permanent disability benefits and 
 retirement annuities computed under the provisions of a 
 "coordinated" retirement program, there shall be: 

    (1) a $1.20 increase in annual payments for each full year 
 of allowable service earned by the plan participant in the 
 respective retirement fund; and 

    (2) a $2.40 increase in annual payments for each year of 
 retirement. 

    Subd. 4.  In the case of a retirement annuity which is 
 increased pursuant to this section and which may become payable 
 to a surviving beneficiary after the death of the plan 
 participant, the survivor annuity ultimately payable in such 
 event shall include only one-half the increase paid to the plan 
 participant pursuant to this section. 

    HIST: 1976 c 326 s 2; 1981 c 298 s 11