2004 Minnesota Statutes

     423A.20 Vesting upon layoff. 

    Notwithstanding any general or special law to the contrary, 
 if a member of a salaried firefighters' relief association with 
 ten or more years of service is laid off and replaced with a 
 volunteer firefighter, the member shall be entitled to receive a 
 pro rata monthly benefit.  For purposes of this section, "laid 
 off" means terminated from employment with the fire department 
 because of a shortage of funds or curtailment of service or for 
 any other reason not reflecting discredit on the member beyond 
 the member's control.  

    The retirement benefit is to commence at the later of 
 either the minimum age for retirement or the date at which the 
 member would have accumulated the minimum number of years of 
 service for retirement if the member had remained on duty.  

    The pro rata benefit shall be calculated by multiplying the 
 amount of the benefit payable to a member who met the minimum 
 age and years of service requirements for a normal pension by 
 the ratio of the laid off member's actual years of service to 
 the minimum years of service required for retirement.  The 
 initial benefit payable shall be subject to the same 
 postretirement adjustments as other benefits payable from the 
 relief association.  

    HIST: 1984 c 574 s 14