1.1 	A bill for an act
1.2 	relating to retirement; providing for certain pension benefits upon privatization 
1.3 	of the city of Cannon Falls Hospital;amending Minnesota Statutes 2005 
1.4 	Supplement, section 353F.02, subdivision 4.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2005 Supplement, section 353F.02, subdivision 4, 
1.7 	is amended to read:
1.8 		Subd. 4.Medical facility. "Medical facility" means:
1.9 	(1) Bridges Medical Services;
1.10 	(2) the city of Cannon Falls Hospital;
1.11 	(3) the Fair Oaks Lodge, Wadena;
1.12 	(3) (4) the Glencoe Area Health Center;
1.13 	(4) (5) the Hutchinson Area Health Care;
1.14 	(5) (6) the Kanabec Hospital;
1.15 	(6) (7) the Luverne Public Hospital;
1.16 	(7) (8) the Northfield Hospital;
1.17 	(8) (9) the RenVilla Nursing Home;
1.18 	(9) (10) the Renville County Hospital in Olivia;
1.19 	(10) (11) the St. Peter Community Healthcare Center; and
1.20 	(11) (12) the Waconia-Ridgeview Medical Center.

1.21 	Sec. 2. EFFECTIVE DATE.
 1.22 	Section 1 is effective upon the latter of:
2.1 	(1) the day after the governing body of the Cannon Falls Hospital District and its 
2.2 	chief clerical officer meet the requirements under Minnesota Statutes, section 645.021, 
2.3 	subdivisions 2 and 3; and
2.4 	(2) the first day of the month following certification to the Cannon Falls Hospital 
2.5 	District by the executive director of the Public Employees Retirement Association that the 
2.6 	actuarial accrued liability of the special benefit coverage proposed for extension to the 
2.7 	privatized city of Cannon Falls Hospital employees under section 1 does not exceed the 
2.8 	actuarial gain otherwise to be accrued by the Public Employees Retirement Association, as 
2.9 	calculated by the consulting actuary retained under Minnesota Statutes, section 356.214. 
2.10 	The cost of the actuarial calculations must be borne by the current employer or by the 
2.11 	entity which is the employer following the privatization.