Legislative Session number- 86

Bill Name: SF0777

Establishing a legislators retirement fund as a special retirement fund to be
credited with assets equal to the participation of the legislators retirement
plan in the Minnesota postretirement investment fund; modifying teachers
pre-1969 law retirements; modifying actuarial value of assets and providing
calculations; establishing uniform annual postretirement adjustments for the
legislative, Minnesota state retirement association (MSRS) correctional and
general state employees, state patrol (trooper), elective state officers, public
employees retirement association (PERA) general employees, police and fire
retirement plan, and local government correctional employees, teachers and
judges retirement plans; repealing the Minnesota postretirement investment fund
and participation by the public retirement plans, repealing a state board of
investment report on postretirement investment fund, investment performance and
adjustment calculation
(rt)