2004 Minnesota Statutes

     353D.03 Funding of plan. 

    Subdivision 1.    Local government official contribution. 
  An eligible elected local government official who elects to 
 participate in the public employees defined contribution plan 
 shall contribute an amount equal to five percent of salary as 
 defined in section 353.01, subdivision 10.  A participating 
 elected local government official's governmental subdivision 
 shall contribute a matching amount. 

    Subd. 2.    Physician contribution.  An eligible 
 physician who elects to participate in the plan shall contribute 
 an amount equal to five percent of salary as defined in section 
 353.01, subdivision 10.  The employer shall contribute a 
 matching amount. 

    Subd. 3.    Ambulance service, rescue squad personnel 
 contribution.  A public ambulance service or privately 
 operated ambulance service that receives an operating subsidy 
 from a governmental entity that elects to participate in the 
 plan shall fund benefits for its qualified personnel who 
 individually elect to participate.  Personnel who are paid for 
 their services may elect to make member contributions in an 
 amount not to exceed the service's contribution on their 
 behalf.  Ambulance service contributions on behalf of salaried 
 employees must be a fixed percentage of salary.  An ambulance 
 service making contributions for volunteer or largely 
 uncompensated personnel, or a municipality or county making 
 contributions on behalf of rescue squad members who are 
 volunteers or largely uncompensated personnel, may assign a unit 
 value for each call or each period of alert duty for the purpose 
 of calculating ambulance service or rescue squad service 
 contributions, as applicable. 

    Subd. 4.    Payments by former eligible elected officials. 
  Former eligible elected local government officials in the 
 defined contribution plan under this chapter shall not 
 contribute to the plan except under section 353D.12. 

    HIST: 1987 c 372 art 5 s 3; 1990 c 570 art 8 s 4; 1991 c 291 
 art 19 s 5,11; 1992 c 432 art 2 s 38; 1996 c 438 art 6 s 3; 1999 
 c 222 art 21 s 3