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Office of the Revisor of Statutes

353.651 RETIREMENT ANNUITY UPON SEPARATION FROM PUBLIC SERVICE.
    Subdivision 1. Age and allowable service requirements. Upon separation from public
service, any police officer or firefighter member who has attained the age of at least 55 years and
who received credit for not less than three years of allowable service is entitled upon application
to a retirement annuity. Such retirement annuity is known as the "normal" retirement annuity.
    Subd. 2.[Repealed, 1Sp2005 c 8 art 1 s 32]
    Subd. 3. Retirement annuity formula. The average salary as defined in section 353.01,
subdivision 17a
, multiplied by the percent specified in section 356.315, subdivision 6, per year of
allowable service determines the amount of the normal retirement annuity. If the member has
earned allowable service for performing services other than those of a police officer or firefighter,
the annuity representing that service must be computed under sections 353.29 and 353.30.
    Subd. 4. Early retirement. (a) A person who becomes a police and fire plan member after
June 30, 2007, or a former member who is reinstated as a member of the plan after that date, who
is at least 50 years of age with at least three years of allowable service, upon the termination of
public service is entitled upon application to a retirement annuity equal to the normal annuity
calculated under subdivision 3, reduced by two-tenths of one percent for each month that the
member is under age 55 at the time of retirement.
    (b) Upon the termination of public service, any police and fire plan member not specified in
paragraph (a), upon attaining at least 50 years of age with at least three years of allowable service
is entitled upon application to a retirement annuity equal to the normal annuity calculated under
subdivision 3, reduced by one-tenth of one percent for each month that the member is under age
55 at the time of retirement.
History: 1973 c 753 s 71; 1974 c 229 s 19; 1977 c 429 s 34; 1984 c 564 s 28; 1987 c 372
art 9 s 18,19; 1989 c 319 art 13 s 43,44; art 17 s 12,13; 1990 c 570 art 12 s 22; 1993 c 352 s
4; 1995 c 262 art 3 s 4; 1997 c 233 art 1 s 41; 1999 c 222 art 14 s 3; 2002 c 392 art 11 s 52;
1Sp2005 c 8 art 1 s 13; 2007 c 134 art 4 s 14