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Chapter 354A
Section 354A.24
Topics
Recent History
- 2014 354A.24 Repealed 2014 c 296 art 6 s 48
This is an historical version of this statute chapter. Also view the most recent published version.
354A.24 DULUTH TEACHERS RETIREMENT FUND ASSOCIATION COORDINATED
PROGRAMS.
There is established within the Duluth Teachers Retirement Fund Association for teachers
who are covered by an agreement or modification made between the state and the Secretary
of Health, Education and Welfare making the provisions of the federal Old Age, Survivors
and Disability Insurance Act applicable to teachers covered by the teachers retirement fund
association, two coordinated programs:
(1) an old law coordinated program to provide retirement coverage for teachers who were
first employed prior to July 1, 1981 and do not elect to be covered by the new law coordinated
program, which program shall be a continuation of the retirement program in existence prior
to July 1, 1978; and
(2) a new law coordinated program to provide retirement coverage for teachers who were
first employed on or subsequent to July 1, 1981 or for teachers who were first employed prior
to July 1, 1981 and elect to be covered by the new law coordinated program. The provisions
governing the old law coordinated program shall be the portions of this chapter which do not apply
specifically to a coordinated program or a coordinated or former coordinated member, the articles
of incorporation and bylaws in effect as of March 31, 1975, the provisions of Laws 1976, chapter
238, section 15, and any applicable amendments to the articles of incorporation or bylaws of the
teachers retirement fund association adopted subsequent to July 1, 1979 in accordance with the
provisions of section 354A.12, subdivision 4. The provisions governing the new law coordinated
program shall be sections 354A.31 to 354A.41 and any other applicable portions of this chapter,
the provisions of Laws 1981, chapter 269, sections 9 and 10, and any applicable amendments
to the articles of incorporation or bylaws of the teachers retirement fund association adopted
subsequent to July 1, 1981 in accordance with the provisions of section 354A.12, subdivision 4.
History: 1979 c 217 s 14; 1981 c 269 s 5
PROGRAMS.
There is established within the Duluth Teachers Retirement Fund Association for teachers
who are covered by an agreement or modification made between the state and the Secretary
of Health, Education and Welfare making the provisions of the federal Old Age, Survivors
and Disability Insurance Act applicable to teachers covered by the teachers retirement fund
association, two coordinated programs:
(1) an old law coordinated program to provide retirement coverage for teachers who were
first employed prior to July 1, 1981 and do not elect to be covered by the new law coordinated
program, which program shall be a continuation of the retirement program in existence prior
to July 1, 1978; and
(2) a new law coordinated program to provide retirement coverage for teachers who were
first employed on or subsequent to July 1, 1981 or for teachers who were first employed prior
to July 1, 1981 and elect to be covered by the new law coordinated program. The provisions
governing the old law coordinated program shall be the portions of this chapter which do not apply
specifically to a coordinated program or a coordinated or former coordinated member, the articles
of incorporation and bylaws in effect as of March 31, 1975, the provisions of Laws 1976, chapter
238, section 15, and any applicable amendments to the articles of incorporation or bylaws of the
teachers retirement fund association adopted subsequent to July 1, 1979 in accordance with the
provisions of section 354A.12, subdivision 4. The provisions governing the new law coordinated
program shall be sections 354A.31 to 354A.41 and any other applicable portions of this chapter,
the provisions of Laws 1981, chapter 269, sections 9 and 10, and any applicable amendments
to the articles of incorporation or bylaws of the teachers retirement fund association adopted
subsequent to July 1, 1981 in accordance with the provisions of section 354A.12, subdivision 4.
History: 1979 c 217 s 14; 1981 c 269 s 5
Official Publication of the State of Minnesota
Revisor of Statutes