2004 Minnesota Statutes

     354.533 Prior or uncredited military service credit 
  purchase. 

    Subdivision 1.    Service credit purchase authorized.  A 
 teacher who has at least three years of allowable service credit 
 with the Teachers Retirement Association and who performed 
 service in the United States armed forces before becoming a 
 teacher as defined in section 354.05, subdivision 2, or who 
 failed to obtain service credit for a military leave of absence 
 under the provisions of section 354.53, is entitled to purchase 
 allowable and formula service credit for the initial period of 
 enlistment, induction, or call to active duty without any 
 voluntary extension by making payment under section 356.55 
 provided the teacher has not purchased service credit from any 
 other Minnesota defined benefit public employee pension plan for 
 the same period of service. 

    Subd. 2.    Application and documentation.  A teacher 
 who desires to purchase service credit under subdivision 1 must 
 apply with the executive director to make the purchase.  The 
 application must include all necessary documentation of the 
 teacher's qualifications to make the purchase, signed written 
 permission to allow the executive director to request and 
 receive necessary verification of applicable facts and 
 eligibility requirements, and any other relevant information 
 that the executive director may require. 

    Subd. 3.    Service credit grant.  Allowable and formula 
 service credit for the purchase period must be granted by the 
 Teachers Retirement Association to the purchasing teacher upon 
 receipt of the purchase payment amount.  Payment must be made 
 before the teacher's effective date of retirement.  

    HIST: 1999 c 222 art 16 s 1; 2004 c 267 art 17 s 4 

*   NOTE:  This section, as added by Laws 1999, chapter 222, 
*article 16, section 1, is repealed effective May 16, 2006.  Laws 
*1999, chapter 222, article 16, section 16, as amended by Laws 
*2002, chapter 392, article 7, section 1; Laws 2003, First Special 
*Session chapter 12, article 6, section 2; and Laws 2004, chapter 267, 
*article 17, section 6.