1998 Minnesota Statutes

     356.37 Survivor benefits; increase; exceptions. 

    Subdivision 1.  Except as provided in section 356.38, any 
 person who is receiving a survivor benefit or survivor annuity 
 based on laws in effect prior to the determinant date and is the 
 surviving spouse of a plan participant who died or retired prior 
 to such date; and any person who is receiving a survivor annuity 
 based on laws in effect prior to the determinant date and is the 
 named beneficiary of a plan participant who died or retired 
 prior to such date; and any person who is receiving any 
 combination of such benefits and annuities 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 each such benefit or annuity 
 as provided in subdivisions 2 and 3.  Provided however, that no 
 surviving spouse who is receiving an option II, III or IV 
 survivor retirement allowance pursuant to Minnesota Statutes 
 1971, Section 422.08 provided by the Minneapolis employees 
 retirement fund shall be entitled to an increase in such annuity 
 pursuant to Laws 1976, chapter 326 if the retirement annuity 
 which was paid or payable to the plan participant was in excess 
 of $300 per month. 

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

    (1) a $2.25 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 $4.50 increase in annual payments for each year of 
 retirement. 

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

    (1) a $.60 increase in annual payments for each full year 
 of allowable service earned by the plan participant in the 
 respective retirement fund; and 

    (2) a $1.20 increase in annual payments for each year of 
 retirement. 

    HIST: 1976 c 326 s 3; 1981 c 298 s 11