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354A.40 COMPUTATION OF BENEFITS WITH PARTIAL SERVICE AS
COORDINATED MEMBER.
    Subdivision 1. Retirement annuity. Any coordinated member of the St. Paul Teachers
Retirement Fund Association who has credited service prior to July 1, 1978 shall be entitled to
receive a retirement annuity when otherwise qualified, the calculation of which shall utilize the
applicable retirement annuity formula specified in articles of incorporation and bylaws of the
teachers retirement fund association governing the basic program for that portion of credited
service which was served prior to July 1, 1978, and the retirement annuity formula specified in
section 354A.31 for the remainder of the member's credited service, both applied to the member's
average salary as specified in section 354A.31, subdivision 4. The formula percentages to be
used in calculating the coordinated portion of the retirement annuity or coordinated service
under this section shall recognize the coordinated service as a continuation of any service prior
to July 1, 1978.
    Subd. 2.[Repealed, 1992 c 598 art 6 s 22]
    Subd. 3.[Repealed, 1992 c 598 art 6 s 22]
History: 1979 c 217 s 25; 2006 c 277 art 3 s 29

Official Publication of the State of Minnesota
Revisor of Statutes