reglab/housing_qa huggingface dataset:
MN Stat § 354A.11 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 354A — Teachers Retirement, St. Paul|Section 354A.11 — Certain Money And Credits Of Teachers Exempt.

354A.11 CERTAIN MONEY AND CREDITS OF TEACHERS EXEMPT. All money deposited by a teacher or member or deposited by any other person or corporation, municipal or private, to the credit of a teacher or member of a teachers retirement fund association organized pursuant to this chapter, and all money, rights, and interests or annuities due or to become due to a teacher, member, or annuitant, or their beneficiaries, from any association shall not be assignable, shall be exempt from garnishment, attachment, and execution or sale on any final process issued from a court and other legal process, except as provided in section 518.58, 518.581, or 518A.53, and shall not be subject to the estate tax provisions of this state. History:  (1366-2) 1939 c 72 s 1; 1967 c 605 s 1; 1971 c 789 s 7; 1979 c 217 s 10; 1979 c 303 art 3 s 31; 1982 c 578 art 1 s 9; 1983 c 286 s 11; 1984 c 547 s 8; 1987 c 157 s 7; 1997 c 203 art 6 s 92; 2005 c 164 s 29; 1Sp2005 c 7 s 28
MN Stat § 354A.21 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 354A — Teachers Retirement, St. Paul|Section 354A.21 — Proportionate Annuity.

354A.21 PROPORTIONATE ANNUITY. A teacher who terminates employment at any time during the academic year at the end of which the teacher is required to terminate employment pursuant to this section shall be entitled upon application to a proportionate retirement annuity pursuant to section 356.32. Nothing contained in this section shall preclude a district from employing a retired teacher as a substitute teacher but upon having earned an amount equal to the annual maximum earnings allowable for that age for the continued receipt of full benefit amounts monthly under the federal old age, survivors and disability insurance program as set by the secretary of health and human services pursuant to the provisions of United States Code, title 42, section 403, in any academic year from employment as a substitute teacher, any person over the age of 70 years shall terminate employment for the remainder of that academic year. No person employed as a substitute teacher after reaching the normal retirement age and who has retired under this chapter shall resume membership in the teachers retirement fund association by virtue of the employment as a substitute teacher. History:  1975 c 306 s 32; 1976 c 329 s 31; 1979 c 217 s 12; 1980 c 342 s 14; 1Sp1981 c 4 art 2 s 35; 1987 c 284 art 2 s 6; 1989 c 319 art 13 s 73
MN Stat § 354A.23 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 354A — Teachers Retirement, St. Paul|Section 354A.23 — St. Paul Teachers Retirement Fund Associations; Basic Programs.

354A.23 ST. PAUL TEACHERS RETIREMENT FUND ASSOCIATIONS; BASIC PROGRAMS. Subdivision 1.  [Repealed, 2006 c 277 art 3 s 45] Subd. 2. St. Paul Teachers Retirement Fund Association basic program. There is established within the St. Paul Teachers Retirement Fund Association a basic program which shall be a continuation of the retirement program in existence prior to July 1, 1978 to provide retirement coverage for teachers who are not covered by any agreement or modification made between the state and the Secretary of Health, Education and Welfare making the provisions of the federal Old Age, Survivors and Disability Insurance Act applicable to certain teachers covered by the teachers retirement fund association. The provisions governing the basic program shall be the applicable portions of this chapter, the articles of incorporation and bylaws in effect as of March 31, 1976, the amendments to the articles of incorporation and bylaws adopted subsequent to legislative approval contained in Laws 1976, chapter 238, section 14, and Laws 1977, chapter 429, section 60, the provisions of Laws 1977, chapter 429, section 61, and any applicable amendments to the articles of incorporation or bylaws adopted subsequent to July 1, 1979 in accordance with the provisions of section 354A.12, subdivision 4. Subd. 3. Eligibility for refunds and interest. Notwithstanding anything to the contrary in the articles and bylaws of the basic programs enumerated in chapter 354A, eligibility for payment and the payment of interest on refunds and interest on repayment of refunds shall be determined in the same manner as for the coordinated programs covered by this chapter. History:  1979 c 217 s 13; 1984 c 564 s 39; 1993 c 336 art 1 s 8
MN Stat § 354A.29 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 354A — Teachers Retirement, St. Paul|Section 354A.29 — St. Paul Teachers Retirement Fund Association Postretirement Adjustment.

354A.29 ST. PAUL TEACHERS RETIREMENT FUND ASSOCIATION POSTRETIREMENT ADJUSTMENT. Subdivision 1. Articles of incorporation and bylaws. Permission is granted for the St. Paul Teachers Retirement Fund Association under section 354A.12, subdivision 4, to amend its articles of incorporation and bylaws to provide postretirement adjustments under this section. Subd. 2.  [Repealed, 2009 c 169 art 7 s 3] Subd. 3.  [Repealed, 1Sp2011 c 8 art 2 s 22] Subd. 4.  [Repealed, 2009 c 169 art 7 s 3] Subd. 5.  [Repealed, 2009 c 169 art 7 s 3] Subd. 6.  [Repealed, 2007 c 134 art 7 s 3] Subd. 7.  Postretirement adjustments. (a) Except as set forth in paragraph (c), each person who has been receiving an annuity or benefit under the articles of incorporation, the bylaws, or this chapter, whose effective date of benefit commencement occurred on or before July 1 of the calendar year immediately before the adjustment, is eligible to receive an annual postretirement adjustment, effective as of each January 1, as follows: (1) there shall be no postretirement adjustment on January 1, 2019, and January 1, 2020; and (2) the postretirement adjustment shall be one percent on January 1, 2021, and each January 1 thereafter. (b) A postretirement adjustment is to be applied as a permanent increase to the regular payment of each eligible member on January 1. For any eligible member whose effective date of benefit commencement occurred after January 1 of the immediately preceding calendar year, the amount of the postretirement adjustment must be reduced by 50 percent. (c) Each person who retires on or after July 1, 2024, is entitled to an annual postretirement adjustment, effective as of each January 1, beginning with the year following the year in which the member attains normal retirement age. (d) Paragraph (c) does not apply to members who retire under section 354A.31, subdivision 6, paragraph (b), or who retire when the member is at least age 62 and has at least 30 years of service under section 354A.31, subdivision 7. Subd. 8.  MS 2016 [Repealed, 2018 c 211 art 4 s 6] Subd. 9.  MS 2016 [Repealed, 2018 c 211 art 4 s 6] History:  1997 c 233 art 3 s 7; 2006 c 271 art 3 s 47; 2009 c 169 art 7 s 1,4; 1Sp2011 c 8 art 2 s 3-5; 2014 c 296 art 11 s 2; 2015 c 68 art 4 s 1-3; 2018 c 211 art 4 s 2
MN Stat § 354A.30 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 354A — Teachers Retirement, St. Paul|Section 354A.30 — St. Paul Teachers Retirement Fund Association; Coordinated Program.

354A.30 ST. PAUL TEACHERS RETIREMENT FUND ASSOCIATION; COORDINATED PROGRAM. There is established a coordinated program within the St. Paul Teachers Retirement Fund Association to provide retirement coverage for teachers who are covered by an agreement or modification made between the state and the secretary of health, education and welfare making the provisions of the federal Old Age, Survivors and Disability Insurance Act applicable to certain teachers covered by the teachers retirement fund association. The provisions governing the coordinated program shall be sections 354A.31 to 354A.41 and any other applicable provisions of this chapter. History:  1979 c 217 s 15; 2006 c 277 art 3 s 25
MN Stat § 354A.32 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 354A — Teachers Retirement, St. Paul|Section 354A.32 — Optional Retirement Annuities.

354A.32 OPTIONAL RETIREMENT ANNUITIES. Subdivision 1. Optional forms generally. The board of the St. Paul Teachers Retirement Fund Association shall establish for the coordinated program an optional retirement annuity which must take the form of a joint and survivor annuity. The board may also, in its discretion, establish an optional annuity which may take the form of an annuity payable for a period certain and for life thereafter. The board shall also establish an optional retirement annuity that guarantees payment of the balance of the annuity recipient's accumulated deductions to a designated beneficiary upon the death of the annuity recipient. Except as provided in subdivision 1a, the optional annuity forms must be the actuarial equivalent of the normal forms provided in section 354A.31. In establishing these optional annuity forms, the board shall obtain the written recommendation of the actuary retained under section 356.214. The recommendation must be a part of the permanent records of the board. Subd. 1a. Bounce-back annuity. (a) If a former coordinated member or disabilitant has selected a joint and survivor annuity option under subdivision 1 after June 30, 1989, the former member or disabilitant must receive a normal single life annuity if the designated optional annuity beneficiary dies before the former member or disabilitant. Under this option, no reduction may be made in the person's annuity to provide for restoration of the normal single life annuity in the event of the death of the designated optional annuity beneficiary. (b) The annuity adjustment specified in paragraph (a) also applies to joint and survivor annuity options elected before July 1, 1989. The annuity adjustment under this paragraph occurs on July 1, 1989, or on the first day of the first month following the death of the designated optional annuity beneficiary, whichever is later. This paragraph may not be interpreted as authorizing retroactive payments. (c) Unless otherwise specified in this subdivision, the restoration of the normal single life annuity under this subdivision takes effect on the first of the month following the date of death of the designated optional annuity beneficiary or on the first of the month following one year before the date on which a certified copy of the death record of the designated optional annuity beneficiary is received in the office of the appropriate teachers retirement fund association, whichever date is later. Subd. 2.  [Repealed, 1989 c 319 art 13 s 98] History:  1979 c 217 s 17; 1981 c 269 s 6; 1983 c 286 s 12; 1987 c 259 s 49; 1989 c 319 art 13 s 79,80; 1990 c 570 art 12 s 50,51; 1Sp2001 c 9 art 15 s 32; 2006 c 271 art 3 s 38,47; 2006 c 277 art 3 s 27; 2014 c 296 art 6 s 24,49
MN Stat § 354A.33 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 354A — Teachers Retirement, St. Paul|Section 354A.33 — Social Security Leveling Adjustment Option.

354A.33 SOCIAL SECURITY LEVELING ADJUSTMENT OPTION. Any coordinated member who retires prior to the time the member becomes eligible for Social Security old age retirement benefits shall be entitled to elect to receive a Social Security leveling adjustment optional annuity from the teachers retirement fund association. The Social Security leveling adjustment optional annuity shall be established by the board of the teachers retirement fund association. It shall take the form of an annuity payable for the period prior to the member's becoming eligible for Social Security old age retirement benefits in an amount greater than the amount of the member's annuity calculated pursuant to section 354A.31 on the basis of the age of the member at retirement but equal insofar as possible to the Social Security old age retirement benefit and the adjusted retirement annuity amounts payable immediately subsequent to becoming eligible for Social Security old age retirement benefits in an amount less than the amount of the member's annuity calculated pursuant to section 354A.31 on the basis of the age of the member at retirement. The optional form shall be the actuarial equivalent to the normal forms provided in section 354A.31. In establishing the optional form, the board shall obtain the written recommendation of the actuary retained under section 356.214 and the recommendation shall be a part of the permanent records of the board. History:  1979 c 217 s 18; 1987 c 259 s 50; 2006 c 271 art 3 s 47
MN Stat § 354A.34 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 354A — Teachers Retirement, St. Paul|Section 354A.34 — Disposition Of Unpaid Period Certain For Life Or Guaranteed Refund Optional Annuities.

354A.34 DISPOSITION OF UNPAID PERIOD CERTAIN FOR LIFE OR GUARANTEED REFUND OPTIONAL ANNUITIES. If a retiree from a coordinated program who has elected a period certain and for life thereafter or a guaranteed refund optional annuity form dies without having a designated beneficiary who has survived the retiree, any remaining unpaid guaranteed annuity payments shall be computed at the rate of interest specified in section 356.215, subdivision 8, and paid in one lump sum to the estate of the retiree. If a retiree from a coordinated program who has elected a period certain and for life or a guaranteed refund optional annuity form dies with a designated beneficiary who has survived the retiree but the designated beneficiary dies without there existing another designated beneficiary, any remaining unpaid guaranteed annuity payments shall be computed with interest at the applicable annual rate or rates specified in section 356.59, subdivision 5, and paid in one lump sum to the estate of the designated beneficiary. History:  1979 c 217 s 19; 1Sp1985 c 7 s 35; 2002 c 392 art 11 s 52; 2018 c 211 art 6 s 34
MN Stat § 354A.38 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 354A — Teachers Retirement, St. Paul|Section 354A.38 — Effect Of Refund; Repayment Of Refund.

354A.38 EFFECT OF REFUND; REPAYMENT OF REFUND. Subdivision 1. Effect of refund; termination of service credit. If a coordinated member or former coordinated member applies for and is issued a refund pursuant to section 354A.37, all allowable service which was credited to the member or former member shall be terminated. Subd. 2. Repayment of refund. A coordinated member with at least two years of allowable service credited subsequent to the member's last application for and payment of a refund pursuant to section 354A.37 shall be entitled to repay the refund. The amount of the refund repayment shall be calculated pursuant to subdivision 3. If the member has taken more than one refund, all refunds must be repaid pro rata. Subd. 3. Computation of refund repayment amount. If the coordinated member elects to repay a refund under subdivision 2, the repayment to the fund must be in an amount equal to refunds the member has been issued plus interest at the applicable annual rate or rates specified in section 356.59, subdivision 5, compounded annually, from the date that the refund was issued to the date that the refund is repaid. History:  1979 c 217 s 23; 1980 c 509 s 141; 1992 c 598 art 6 s 17; 2015 c 68 art 2 s 15; 2018 c 211 art 12 s 5
MN Stat § 354A.40 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 354A — Teachers Retirement, St. Paul|Section 354A.40 — Computation Of Benefits With Partial Service As Coordinated Member.

354A.40 COMPUTATION OF BENEFITS WITH PARTIAL SERVICE AS COORDINATED MEMBER. Subdivision 1. Retirement annuity. Any coordinated member of the St. Paul Teachers Retirement Fund Association who has credited service prior to July 1, 1978 shall be entitled to receive a retirement annuity when otherwise qualified, the calculation of which shall utilize the applicable retirement annuity formula specified in articles of incorporation and bylaws of the teachers retirement fund association governing the basic program for that portion of credited service which was served prior to July 1, 1978, and the retirement annuity formula specified in section 354A.31 for the remainder of the member's credited service, both applied to the member's average salary as specified in section 354A.31, subdivision 4. The formula percentages to be used in calculating the coordinated portion of the retirement annuity or coordinated service under this section shall recognize the coordinated service as a continuation of any service prior to July 1, 1978. Subd. 2.  [Repealed, 1992 c 598 art 6 s 22] Subd. 3.  [Repealed, 1992 c 598 art 6 s 22] History:  1979 c 217 s 25; 2006 c 277 art 3 s 29
MN Stat § 354A.41 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 354A — Teachers Retirement, St. Paul|Section 354A.41 — Administration Of Coordinated Program.

354A.41 ADMINISTRATION OF COORDINATED PROGRAM. Subdivision 1. Administrative provisions. The provisions of the articles of incorporation and bylaws of the St. Paul Teachers Retirement Fund Association relating to the administration of the fund shall govern the administration of the coordinated and basic programs where the administrative provisions are not inconsistent with sections 354A.31 to 354A.41, including but not limited to provisions relating to the composition and function of the board of trustees, the investment of assets of the St. Paul Teachers Retirement Fund Association, and the definition of the plan year. The administrative provisions in the articles of incorporation and the bylaws of the Minneapolis Teachers Retirement Fund Association pertaining to the granting of pension benefits of the basic and coordinated programs are no longer in effect after June 30, 2006, and the administrative provisions of the Duluth Teachers Retirement Fund Association pertaining to retirement benefits of the old law coordinated program are no longer in effect after June 30, 2015. Subd. 2. Actuarial valuations. In any actuarial valuation of the St. Paul Teachers Retirement Fund Association under section 356.215 prepared by the actuary retained under section 356.214 or supplemental actuarial valuation prepared by an approved actuary retained by the St. Paul Teachers Retirement Fund Association, there must be included a finding of the condition of the fund showing separately the basic and coordinated programs. The finding must include the level normal cost and the applicable employee and employer contribution rates for each program. History:  1979 c 217 s 26; 1981 c 269 s 8; 1Sp1985 c 7 s 35; 1987 c 259 s 51; 2006 c 271 art 3 s 47; 2006 c 277 art 3 s 30; 2014 c 296 art 6 s 29,49
MN Stat § 354B.22 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 354B — Higher Education Individual Retirement Accounts|Section 354B.22 — Irap Coverage In Addition To Social Security Coverage.

354B.22 IRAP COVERAGE IN ADDITION TO SOCIAL SECURITY COVERAGE. Subdivision 1. Social Security coverage. (a) Any employee of the board or other employing unit who elects coverage by this chapter is a member of the Teachers Retirement Association solely for purposes of coverage by the federal old age, survivors, disability and health insurance program, and is covered by the agreement made under section 355.02. (b) A person with federal Social Security coverage through Teachers Retirement Association membership under paragraph (a) is not a member of the Teachers Retirement Association for any other purpose while employed as a teacher by the board, and membership in the Teachers Retirement Association for this limited purpose conveys no rights or benefit entitlement under chapter 354. Subd. 2. Public pension coverage as condition of employment. Coverage by a public pension plan under section 354B.211 is a condition of initial employment or continued employment in an eligible unclassified faculty position or an eligible unclassified administrative position by the board or other employing unit. History:  1995 c 141 art 4 s 10; 1Sp2019 c 8 art 5 s 11
MN Stat § 354B.24 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 354B — Higher Education Individual Retirement Accounts|Section 354B.24 — Sabbatical Leave.

354B.24 SABBATICAL LEAVE. Subdivision 1. Continuation of coverage. A person who is a participant in the individual retirement plan, and who goes on an approved sabbatical leave, must remain a participant in the plan for any period during which the person receives a salary from the board or during which the person makes an optional contribution provided for in subdivision 3. Subd. 2. Mandatory contributions. (a) From the salary paid to the person during the course of an approved sabbatical leave, the employing unit must deduct a member contribution as required under section 354B.23, subdivision 1. (b) The employing unit must make the employer contribution on behalf of the plan participant as provided in section 354B.23, subdivision 3. Subd. 3. Additional contributions. (a) In addition to contributions required by subdivision 2, a plan participant on an approved sabbatical leave shall make a member contribution based on the member contribution rate specified in section 354B.23, subdivision 1, applied to the difference between the amount of salary actually received during the sabbatical leave and the full-time salary the member would have received if not on sabbatical leave. (b) Any additional member contribution must be made through payroll deduction as though the member were employed full time. (c) When an additional member contribution is made, the employing unit must make the employer contribution at the rate specified in section 354B.23, subdivision 3, on the salary that was the basis for the additional member contribution under paragraph (a). (d) An employer contribution required under this section must be made no later than 60 days after the date on which the optional additional member contribution was made. Subd. 4. Reinstatement rights. Notwithstanding the provisions of any sabbatical leave agreements, regular and optional additional member contributions and employer contributions under this section are permissible only if the plan participant retains the right to full reinstatement to an employment position with the applicable employing unit both during and at the conclusion of the sabbatical leave. History:  1995 c 141 art 4 s 12; 1999 c 222 art 19 s 8
MN Stat § 354B.26 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 354B — Higher Education Individual Retirement Accounts|Section 354B.26 — Deferred Annuity Entitlement For Certain Former Tra Members.

354B.26 DEFERRED ANNUITY ENTITLEMENT FOR CERTAIN FORMER TRA MEMBERS. Notwithstanding any provision of chapter 354 to the contrary, a person covered by this chapter who had less than three years of prior allowable service credit in the teachers retirement association is entitled to a deferred annuity and augmentation under section 354.55, subdivision 11. History:   1995 c 141 art 4 s 14
MN Stat § 354B.30 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 354B — Higher Education Individual Retirement Accounts|Section 354B.30 — Prohibition On Loans Or Pretermination Distributions.

354B.30 PROHIBITION ON LOANS OR PRETERMINATION DISTRIBUTIONS. (a) No participant may obtain a loan from the plan or obtain any distribution from the plan at a time before the participant terminates the employment that gave rise to plan coverage. (b) No amounts to the credit of the plan are assignable either in law or in equity, or are subject to execution, levy, attachment, garnishment, or other legal process, except as provided in section 518.58, 518.581, or 518A.53. History:  1995 c 141 art 4 s 15; 1997 c 203 art 6 s 92; 2003 c 127 art 3 s 21; 2005 c 164 s 29; 1Sp2005 c 7 s 28
MN Stat § 354C.10 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 354C — Higher Education Supplemental Retirement|Section 354C.10 — Establishment.

354C.10 ESTABLISHMENT. A supplemental retirement plan is established for certain employees of the Board of Trustees of the Minnesota State Colleges and Universities. The supplemental retirement plan is the continuation of the plan established by Laws 1967, chapter 808, sections 1 to 6, as amended. History:  1995 c 141 art 4 s 16; 1995 c 212 art 4 s 64