Key: (1) language to be deleted (2) new language
Laws of Minnesota 1993 CHAPTER 109-H.F.No. 1228 An act relating to retirement; public employees retirement association and Minneapolis employees retirement fund; providing for the retention of pension coverage for certain transferred employees. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: Section 1. [MINNEAPOLIS COMMUNITY ACTION COUNCIL EMPLOYEE PENSION COVERAGE RETENTION.] (a) Employees of the Minneapolis community action council who were transferred from the Minneapolis community action agency remain members of the Minneapolis employees retirement fund or the public employees retirement association, as the case may be, for the duration of that employment. (b) The Minneapolis community action council must be considered to be a governmental subdivision under Minnesota Statutes, section 353.01, subdivision 6, or a public corporation under Minnesota Statutes, section 422A.01, subdivision 9, with respect to employees described in paragraph (a). Sec. 2. [EMPLOYEE CONTRIBUTION.] (a) For employees of the Minneapolis community action council retaining public employees retirement association coverage under section 1, employee contributions must be deducted from salary at the applicable rate under Minnesota Statutes, section 353.27, subdivision 2. (b) For employees of the Minneapolis community action council retaining Minneapolis employees retirement fund coverage under section 1, employee contributions must be deducted from salary as required under Minnesota Statutes, section 422A.10. Sec. 3. [EMPLOYER CONTRIBUTION.] (a) On behalf of employees retaining public employees retirement association coverage under section 1, the Minneapolis community action council must make an employer and additional employer contribution to the public employees retirement association as required under Minnesota Statutes, section 353.27, subdivisions 3 and 3a. (b) On behalf of employees retaining Minneapolis employees retirement fund coverage under section 1, the Minneapolis community action council must make a contribution to the Minneapolis employees retirement fund equal to the same percentage of the covered payroll that the total contribution by the city of Minneapolis to the Minneapolis employees retirement fund for the previous calendar year bears to the total payroll in the previous calendar year of employees of the city of Minneapolis with coverage by the Minneapolis employees retirement fund. Sec. 4. [LOCAL APPROVAL.] Sections 1 to 3 are effective the day following approval by the Minneapolis city council and compliance with Minnesota Statutes, section 645.021. Presented to the governor May 7, 1993 Signed by the governor May 10, 1993, 2:59 p.m.
Official Publication of the State of Minnesota
Revisor of Statutes