2006 Minnesota Statutes
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Chapter 356
Section 356.315
Recent History
- 2014 Subd. 8a Repealed 2014 c 275 art 2 s 26
- 2013 Subd. 1 Repealed 2013 c 111 art 4 s 21
- 2013 Subd. 1a Repealed 2013 c 111 art 4 s 21
- 2013 Subd. 2 Repealed 2013 c 111 art 4 s 21
- 2013 Subd. 2a Repealed 2013 c 111 art 4 s 21
- 2013 Subd. 2b Repealed 2013 c 111 art 4 s 21
- 2013 Subd. 3 Repealed 2013 c 111 art 4 s 21
- 2013 Subd. 4 Repealed 2013 c 111 art 4 s 21
- 2013 Subd. 5 Repealed 2013 c 111 art 4 s 21
- 2013 Subd. 5a Repealed 2013 c 111 art 4 s 21
- 2013 Subd. 6 Repealed 2013 c 111 art 4 s 21
- 2013 Subd. 7 Repealed 2013 c 111 art 4 s 21
- 2013 Subd. 8 Repealed 2013 c 111 art 4 s 21
- 2013 Subd. 8a New 2013 c 111 art 14 s 1
- 2013 Subd. 9 Amended 2013 c 111 art 4 s 18
- 2010 Subd. 5 Amended 2010 c 359 art 1 s 75
- 2006 Subd. 1a New 2006 c 277 art 3 s 38
- 2006 Subd. 2b New 2006 c 277 art 3 s 39
- 2002 356.315 New 2002 c 392 art 11 s 22
This is an historical version of this statute chapter. Also view the most recent published version.
356.315 RETIREMENT BENEFIT FORMULA PERCENTAGES.
Subdivision 1. Coordinated plan members. The applicable benefit accrual rate is 1.2
percent.
Subd. 1a. Coordinated plan members. The applicable benefit accrual rate is 1.4 percent.
Subd. 2. Coordinated plan members. The applicable benefit accrual rate is 1.7 percent.
Subd. 2a. Coordinated members. The applicable benefit accrual rate is 2.0 percent.
Subd. 2b. Certain coordinated program members. The applicable benefit accrual rate
is 1.9 percent.
Subd. 3. Basic plan members. The applicable benefit accrual rate is 2.2 percent.
Subd. 4. Basic plan members. The applicable benefit accrual rate is 2.7 percent.
Subd. 5. Correctional plan members. The applicable benefit accrual rate is 2.4 percent.
Subd. 5a. Local government correctional service plan. The applicable benefit accrual rate
is 1.9 percent.
Subd. 6. State troopers plan and police and fire plan members. The applicable benefit
accrual rate is 3.0 percent.
Subd. 7. Judges plan. The applicable benefit accrual rate is 2.7 percent.
Subd. 8. Judges plan. The applicable benefit accrual rate is 3.2 percent.
Subd. 9. Future benefit accrual rate increases. After January 2, 1998, benefit accrual rate
increases under this section must apply only to allowable service or formula service rendered after
the effective date of the benefit accrual rate increase.
History: 2002 c 392 art 11 s 22; 2006 c 277 art 3 s 38,39
Subdivision 1. Coordinated plan members. The applicable benefit accrual rate is 1.2
percent.
Subd. 1a. Coordinated plan members. The applicable benefit accrual rate is 1.4 percent.
Subd. 2. Coordinated plan members. The applicable benefit accrual rate is 1.7 percent.
Subd. 2a. Coordinated members. The applicable benefit accrual rate is 2.0 percent.
Subd. 2b. Certain coordinated program members. The applicable benefit accrual rate
is 1.9 percent.
Subd. 3. Basic plan members. The applicable benefit accrual rate is 2.2 percent.
Subd. 4. Basic plan members. The applicable benefit accrual rate is 2.7 percent.
Subd. 5. Correctional plan members. The applicable benefit accrual rate is 2.4 percent.
Subd. 5a. Local government correctional service plan. The applicable benefit accrual rate
is 1.9 percent.
Subd. 6. State troopers plan and police and fire plan members. The applicable benefit
accrual rate is 3.0 percent.
Subd. 7. Judges plan. The applicable benefit accrual rate is 2.7 percent.
Subd. 8. Judges plan. The applicable benefit accrual rate is 3.2 percent.
Subd. 9. Future benefit accrual rate increases. After January 2, 1998, benefit accrual rate
increases under this section must apply only to allowable service or formula service rendered after
the effective date of the benefit accrual rate increase.
History: 2002 c 392 art 11 s 22; 2006 c 277 art 3 s 38,39
Official Publication of the State of Minnesota
Revisor of Statutes