1.1 	A bill for an act
1.2 	relating to retirement; Teachers Retirement
1.3 	Association; authorizing purchase of prior service
1.4 	credit for teaching service in Montana.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. TEACHERS RETIREMENT ASSOCIATION; PURCHASE OF
1.7 	PRIOR SERVICE CREDIT FOR MONTANA TEACHING SERVICE.
 1.8 	(a) An eligible person described in paragraph (b) is
1.9 	authorized to purchase service credit, in accordance with
1.10 	Minnesota Statutes, section 356.551, from the Teachers
1.11 	Retirement Association coordinated program for a period of
1.12 	teaching service in Montana public schools, not to exceed ten
1.13 	years.
1.14 	(b) An eligible person is a person who:
1.15 	(1) is currently an active member of the Teachers
1.16 	Retirement Association for teaching service at the Northfield
1.17 	Middle School in Independent School District No. 659;
1.18 	(2) was born on January 1, 1959; and 
1.19 	(3) was a teacher at the Pine Hills School in Miles City,
1.20 	Montana, for 11.2 years with coverage for that service by the
1.21 	Montana Teachers Retirement System.
1.22 	(c) An eligible person described in paragraph (b) is
1.23 	authorized to apply with the executive director of the Teachers
1.24 	Retirement Association to make the service credit purchase under
1.25 	this section.  The application must be in writing and must
2.1 	include all necessary documentation of the applicability of this
2.2 	section, and any other relevant information which the executive
2.3 	director may require.  The payment required under this section
2.4 	to receive the service credit must be received by the executive
2.5 	director of the Teachers Retirement Association before December
2.6 	31, 2005, and before the eligible person's retirement or
2.7 	termination from service.  The service credit authorized by this
2.8 	section shall be granted upon receipt of the service credit
2.9 	purchase payment by the executive director.
2.10 	(d) The authority under this section is voided if an
2.11 	eligible person under paragraph (b) retains a right to an
2.12 	annuity from the Montana Teachers Retirement System.

2.13 	Sec. 2. EFFECTIVE DATE.
 2.14 	Section 1 is effective the day following final enactment.