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354.542 Prior teaching service credit purchase by IRAP members with deferred teachers retirement association credit.

A person in covered employment under section 354B.20, subdivision 4, who is a participant in the individual retirement account plan authorized by chapter 354B and who has at least three years of allowable service credit with the teachers retirement association may purchase service credit as provided in sections 354.533 to 354.538 and 354.541.

HIST: 1Sp2001 c 10 art 6 s 9

* NOTE: This section, as added by Laws 2001, First Special *Session chapter 10, article 6, section 9, expires May 16, 2003. *Laws 2001, First Special Session chapter 10, article 6, section *21, as amended by Laws 2002, chapter 392, article 7, section 3.

Official Publication of the State of Minnesota
Revisor of Statutes