2006 Minnesota Statutes

144E.45 CREDITING QUALIFIED AMBULANCE PERSONNEL SERVICE.
    Subdivision 1. Separate record keeping. The board or the board's designee under section
144E.40, subdivision 2, shall maintain a separate record of potential award accumulations for
each qualified ambulance service person under subdivision 2.
    Subd. 2. Potential allocations. (a) On November 1, annually, the board or the board's
designee under section 144E.40, subdivision 2, shall determine the amount of the allocation
of the prior year's accumulation to each qualified ambulance service person. The prior year's
net investment gain or loss under paragraph (b) must be allocated and that year's general fund
appropriation, plus any transfer from the suspense account under section 144E.42, subdivision 2,
and after deduction of administrative expenses, also must be allocated.
(b) The difference in the market value of the assets of the ambulance service personnel
longevity award and incentive trust account as of the immediately previous June 30 and the June
30 occurring 12 months earlier must be reported on or before August 15 by the State Board of
Investment. The market value gain or loss must be expressed as a percentage of the total potential
award accumulations as of the immediately previous June 30, and that positive or negative
percentage must be applied to increase or decrease the recorded potential award accumulation
of each qualified ambulance service person.
(c) The appropriation for this purpose, after deduction of administrative expenses, must be
divided by the total number of additional ambulance service personnel years of service recognized
since the last allocation or 1,000 years of service, whichever is greater. If the allocation is based
on the 1,000 years of service, any allocation not made for a qualified ambulance service person
must be credited to the suspense account under section 144E.42, subdivision 2. A qualified
ambulance service person must be credited with a year of service if the person is certified by the
chief administrative officer of the ambulance service as having rendered active ambulance service
during the 12 months ending as of the immediately previous June 30. If the person has rendered
prior active ambulance service, the person must be additionally credited with one-fifth of a year
of service for each year of active ambulance service rendered before June 30, 1993, but not to
exceed in any year one additional year of service or to exceed in total five years of prior service.
Prior active ambulance service means employment by or the provision of service to a licensed
ambulance service before June 30, 1993, as determined by the person's current ambulance service
based on records provided by the person that were contemporaneous to the service. The prior
ambulance service must be reported on or before August 1 to the board in an affidavit from the
chief administrative officer of the ambulance service.
History: 1Sp1993 c 1 art 9 s 59; 1994 c 632 art 3 s 51; 1995 c 207 art 9 s 25; 1996 c 438
art 5 s 2; 1997 c 199 s 14