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Capital IconMinnesota Legislature

Legislative Session number- 82

Bill Name: SF1863

Relating to legislators retirementARTICLE 1 REFERENDUMProviding a second social
security coverage referendum for members of the legislators retirement plan,
members electing the retroactive social security coverage to become members of
the coordinated program of the legislators retirement plan; requiring the
governor to set a date for the referendum and the executive director of the
Minnesota state retirement system to transfer sufficient assets to the program;
providing for MSRS payment of retroactive social security taxes, requiring and
providing for legislator reimbursements; appropriating money to the executive
director of MSRS for transfer to the coordinated program of the legislators
retirement plan ARTICLE 2 CONFORMING CHANGESEstablishing the coordinated program
of the legislators retirement plan(je)