Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1937-05-06

| WltuQrdWu curing the lnCumDeuCy
Of such officer in the office to
which he was elected or reelected.
If holding office at the time of
the acceptance of the terms of this
act by the governing body of the
governmental subdivision concern
ed, the terms and conditions OF
membership pertaining to a present
public employe shall govern the adj
mission Of such elected public Of
ficer to membership in said as
ISOLATION. Any person elected to a
public office in any governmental
subdivision affected by the provis-
ions of this act, subsequent to the
date of the acceptance Of the terms
Of this act by the governing body
of the governmental subdivision con-
cerned, may apply for membership
in said association at any time
within a period of two CD years
from the date he first became eligi-
BILE for membership in said asSo-
citation, and at any time thereafter
upon payment Of such additional
penalties as the retirement board
may, by general rule, prescribe. Any
such person who applies for men,
bership in said association shall be
required to pay membership fee
of Ten $4,000 Dollars. In addition
thereto, any such elected public Of
ficer shall pay into the retirement
fund a sum equal to all accrued
deductions which would have been
made had such elected public Of
ficer become a member of said as
ISOLATION on the first QSD calendar
month next succeeding the date he
first assumed the office to which he
was elected, together with interest
thereon at the rate Of five per cent
go per annum.
ANY person appointed to fill
vacancy in an elective office and
becomes eligible thereby 20 member
ship in said association may like
wise exercise his option to become
a member thereof under the terms
and conditions that govern the adj
mission of elective public officers
to membership in said association.
Except as in this act otherwise
provided. membership in said asso-
citation may not be terminated by
resignation, or in any manner other
than by death or by leaving the en-
ploy of the governmental subdivis-
ion concerned. On or after the
passage of this act, no employe of
any governmental subdivision shall
be required to become a member of
any retirement fund or relief asSo-
citation, or to contribute to any fund
established for such purpose, except
the retirement fund established pur-
Suant to the provisions of this act"
Section 3. Laws 1881, Chapter 307,
Section 9, as amended by Laws 1888,
Chapter 374, Section /, is hereby
amended so as to read as follows:
Section 9. Whenever any member
Of said association shall cease to be
public employe for any reason
other than death or retirement, he
shall be paid, on demand, after fiji
teen (15) days notice, the full
amount Of the accumulated deduc-
tons standing to the credit of his
or her individual account, provided
that any such member who has
been in the public service for not
less than four "a consecutive years
Immediately prior thereto may, in
lieu thereof, upon application in
writing to the retirement board
within sixty 600 days from the ter
mination of his or her employment,
be permitted to retain membership
in the retirement association and
to enjoy all the rights and privi-
leges thereof upon such terms and
conditions as to his employment
and the payment of assessments in
lieu of salary deductions as the re-
tirement board may by general rule
prescribe. Any member of the re-
tirement association who has main
tanned his or her membership after
leaving the public service by the
payment of such assessments may
terminate such membership by no
tice in writing to the retirement
board, whereupon he or she shall
be paid on demand, after fifteen
(l5) days notice, the full amount OF
the accumulated deductions stand
ing to the credit Of his or her in
dividual account"
Section 4. Laws 1881, Chapter BOT,
Section II, as amended by Laws
1888, Chapter 374, Section l, and
Laws 1885, Chapter LOG, Section 2,
is hereby amended to read as fol-
lows:
Section II. Except as in this act
otherwise provided, whenever any
member of the retirement associa-
ton has been a public employe for
period of twenty 600 years and
has attained the age of sixty-five
(65) years, or when any such en-
ploye has been a public employe
for a period of thirty-five (35)
years, he shall be eligible for re-
tirement, provided that in comput-
ing such terms of service. the time
during which any member of the
association shall have maintained
his membership by the payment OF
assessments after leaving the serv-
ice as a public employe. in lieu Of
deductions, shall be included. Pro-
vided, however, that no person ad-
mitted to membership in said as
ISOLATION after May /, 1887 shall be
entitled to receive retirement an
nuity unless he has either attained
the age of sixty-five (65) years and
has been a public employee for a
period of twenty COO years, or has
attained the age of sixty (60) years
and has been public employe for a
period OF at least thirty-five $3.50
years. Such retirement shall be
made upon application of the men,