352B.105 TERMINATION OF DISABILITY BENEFITS.
Disability benefits payable under section
352B.10 must terminate on the transfer date, which
is the end of the month in which the disabilitant becomes 65 years old or the five-year anniversary
of the effective date of the disability benefit, whichever is later. If the disabilitant is still disabled
on the transfer date, the disabilitant must be deemed to be a retired member and, if the disabilitant
had chosen an optional annuity under section
352B.10, subdivision 5, must receive an annuity
under the terms of the optional annuity previously chosen. If the disabilitant had not chosen an
optional annuity under section
352B.10, subdivision 5, the disabilitant may then choose to receive
either a normal retirement annuity computed under section
352B.08, subdivision 2, or an optional
annuity as provided in section
352B.08, subdivision 3. An optional annuity must be chosen
within 90 days of attaining the transfer date. If an optional annuity is chosen, the optional annuity
accrues on the first of the month next following the transfer date.
History: 1969 c 693 s 4; 1973 c 178 s 12; 1981 c 68 s 15; 1983 c 128 s 27; 1987 c 229 art 7
s 1; 1992 c 464 art 1 s 41; 1993 c 307 art 2 s 15; 1995 c 141 art 3 s 5; 2004 c 267 art 8 s 13