1.1 	A bill for an act
1.2 	relating to retirement; providing for certain pension
1.3 	benefits upon the privatization of the Northfield
1.4 	Hospital; amending Minnesota Statutes 2004, section
1.5 	353F.02, subdivision 4.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. Minnesota Statutes 2004, section 353F.02,
1.8 	subdivision 4, is amended to read:
1.9 		Subd. 4.Medical facility.  "Medical facility" means:
1.10 	(1) the Fair Oaks Lodge, Wadena;
1.11 	(2) the Glencoe Area Health Center;
1.12 	(3) the Kanabec Hospital;
1.13 	(4) the Luverne Public Hospital;
1.14 	(5) the Northfield Hospital;
1.15 	(6) the RenVilla Nursing Home;
1.16 	(6) (7) the Renville County Hospital in Olivia;
1.17 	(7) (8) the St. Peter Community Healthcare Center; and
1.18 	(8) (9) the Waconia-Ridgeview Medical Center.

1.19 	Sec. 2. EFFECTIVE DATE.
 1.20 	Section 1 is effective upon the latter of:
1.21 	(1) the day after the governing body of the city of
1.22 	Northfield and its chief clerical officer timely complete their
1.23 	compliance with Minnesota Statutes, section 645.021,
1.24 	subdivisions 2 and 3; and 
1.25 	(2) the first day of the month next following certification
2.1 	to the Northfield City Council by the executive director of the
2.2 	Public Employees Retirement Association that the actuarial
2.3 	accrued liability of the special benefit coverage proposed for
2.4 	extension to the privatized Northfield Hospital employees under
2.5 	section 1 does not exceed the actuarial gain otherwise to be
2.6 	accrued by the Public Employees Retirement Association, as
2.7 	calculated by the consulting actuary retained by the Legislative
2.8 	Commission on Pensions and Retirement.  The cost of the
2.9 	actuarial calculations must be borne by the Northfield Hospital.