reglab/statecodes huggingface dataset:
2023 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
2023 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
2023 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
2023 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
2023 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
2023 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
2023 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
2023 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
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 354C — Higher Education Supplemental Retirement › Section 354C.11 — Coverage.

354C.11 COVERAGE.
Subdivision 1.
Authorization.
Individuals employed by the Board of Trustees of the Minnesota State Colleges and Universities are authorized to participate in the supplemental retirement plan, effective on the next following July 1, after meeting eligibility requirements specified in subdivision 2.
Subd. 2.
Eligibility.
(a) An individual must participate in the supplemental retirement plan if the individual is employed by the Board of Trustees in the unclassified service of the state and has completed at least two years with a full-time contract of applicable unclassified employment with the board or an applicable predecessor board in any of the positions specified in paragraph (b).
(b) Eligible positions or employment classifications are:
(1) an unclassified administrative position as defined in section 354B.20, subdivision 6;
(2) an employment classification included in one of the following collective bargaining units under section 179A.10, subdivision 2:
(i) the state university instructional unit;
(ii) the state college instructional unit; and
(iii) the state university administrative unit; or
(3) an unclassified employee of the board:
(i) included in the general professional unit or the supervisory employees unit under section 179A.10, subdivision 2; or
(ii) an employee who is excluded from one of those units due to the employee's confidential status under section 179A.10, subdivision 1, clause (7).
Subd. 3.
Continuing eligibility authorization.
Once a person qualifies for participation in the supplemental retirement plan, all subsequent service by the person as an unclassified employee of the Board of Trustees in a position or employment classification listed in subdivision 2, paragraph (b), is covered by the supplemental retirement plan.
History:
1995 c 141 art 4 s 17; 1995 c 212 art 4 s 64; 1997 c 241 art 8 s 6; 1999 c 222 art 9 s 7; 2001 c 133 s 5; 2004 c 267 art 1 s 8; 2017 c 40 art 1 s 112
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 354C — Higher Education Supplemental Retirement › Section 354C.13 — Administration.

354C.13 ADMINISTRATION.
The Board of Trustees of the Minnesota State Colleges and Universities shall administer the supplemental retirement plan.
History:
1995 c 141 art 4 s 19; 1995 c 212 art 4 s 64
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 354C — Higher Education Supplemental Retirement › Section 354C.14 — Investment Of Deductions And Contributions.

354C.14 INVESTMENT OF DEDUCTIONS AND CONTRIBUTIONS.
(a) The Board of Trustees of the Minnesota State Colleges and Universities shall invest the deductions and contributions under section 354C.12, after deduction of administrative expenses under section 354C.12, subdivision 4, in annuity contracts or custodial accounts from financial institutions selected under section 354B.25, subdivision 3.
(b) The retirement contributions and death benefits provided by annuity contracts or custodial accounts purchased by the Board of Trustees of the Minnesota State Colleges and Universities are owned by the supplemental retirement plan and must be paid in accordance with those annuity contracts or custodial account agreements.
History:
1995 c 141 art 4 s 20; 1995 c 212 art 4 s 64; 2010 c 359 art 8 s 4
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 354C — Higher Education Supplemental Retirement › Section 354C.155 — Unclaimed Plan Account Amounts.

354C.155 UNCLAIMED PLAN ACCOUNT AMOUNTS.
Section 354B.25, subdivision 6, applies to the supplemental retirement plan.
History:
2008 c 349 art 9 s 5
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 354C — Higher Education Supplemental Retirement › Section 354C.16 — Payment Of Benefits.

354C.16 PAYMENT OF BENEFITS.
(a) The withdrawal of member contributions, employer contributions, and accrued investment income, or a retirement benefit based on those amounts is payable immediately upon the death or termination of employment of the employee.
(b) An application by the employee or made on behalf of the employee by an appropriate third party must be filed before any payment of benefits may occur.
History:
1995 c 141 art 4 s 22
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 354C — Higher Education Supplemental Retirement › Section 354C.165 — Prohibition On Loans Or Pretermination Distributions.

354C.165 PROHIBITION ON LOANS OR PRETERMINATION DISTRIBUTIONS.
(a) No participant may obtain a loan from the plan 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.
(c) MS 2002 [Expired]
(d) Except for a participant in a phased retirement program that is part of an approved collective bargaining agreement, no participant may obtain a distribution from the plan at a time before the participant terminates the employment that gave rise to the plan coverage.
History:
1995 c 141 art 4 s 23; 1997 c 203 art 6 s 92; 2000 c 461 art 12 s 14,20; 2002 c 392 art 7 s 2; 2003 c 127 art 3 s 22; 1Sp2003 c 12 art 6 s 4; 2005 c 164 s 29; 1Sp2005 c 7 s 28; 2008 c 349 art 9 s 6
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 354C — Higher Education Supplemental Retirement › Section 354C.17 — Tax Shelter Provisions.

354C.17 TAX SHELTER PROVISIONS.
Subdivision 1.
Agreements; salary adjustments.
For the purpose of permitting participation in a tax shelter for employment income under the applicable pension provisions of the Internal Revenue Code, the Board of Trustees of the Minnesota State Colleges and Universities may enter into agreements with its employees to reduce or to adjust downward the salaries for persons covered by the supplemental retirement plan under section 354C.11, and to pay as the employer an amount equivalent to the salary reduction or the salary downward adjustment in the same manner as deductions would have been paid by the employee under section 354C.12, subdivision 1.
Subd. 2.
Rules.
The Board of Trustees of the Minnesota State Colleges and Universities may adopt rules and procedures consistent with this chapter to permit, if possible, participation in a tax shelter under the applicable provisions of the Internal Revenue Code.
History:
1995 c 141 art 4 s 24; 1995 c 212 art 4 s 64
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 354C — Higher Education Supplemental Retirement › Section 354C.18 — Rules.

354C.18 RULES.
(a) The Board of Trustees of the Minnesota State Colleges and Universities may adopt rules to administer this chapter.
(b) The Board of Trustees of the Minnesota State Colleges and Universities may deposit member contributions in a nontreasury account established under chapter 136, an account or accounts established under section 11A.17, or other appropriate accounts operated by the State Board of Investment for investment under procedures established by the State Board of Investment.
History:
1995 c 141 art 4 s 25; 1995 c 212 art 4 s 64
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 354D — Retirement Election, Arts Board, Humanities Center, Historical Society › Section 354D.01 — Definitions.

354D.01 DEFINITIONS.
Subdivision 1.
Terms.
Unless the language or context clearly indicates that a different meaning is intended, the following terms have the meanings given.
Subd. 2.
Individual retirement account plan or plan.
"Individual retirement account plan" or "plan" means the individual retirement account plan established by sections 354B.20 to 354B.30.
Subd. 3.
Covered employment.
"Covered employment" means employment as an eligible employee as defined under section 354D.02, subdivision 2.
Subd. 4.
Professional employee.
"Professional employee" means an employee who is engaged in work that:
(1) is predominantly intellectual and varied in character as opposed to routine mental, manual, mechanical, or physical;
(2) involves discretion and judgment in its performance;
(3) cannot be standardized in relation to a given period of time; and
(4) requires advance knowledge in a field of science or learning usually acquired by long study in an institution of higher learning or hospital.
Subd. 5.
Supervisory employee.
"Supervisory employee" means an employee having the authority to hire, transfer, suspend, promote, discharge, assign, reward, or discipline employees, direct the work of employees, or adjust employees' grievances on behalf of the employer. To be included as a supervisory function, the exercise of the authority by the employee may not be merely routine or clerical in nature but must require the use of independent judgment.
History:
1994 c 508 art 2 s 1; 1995 c 141 art 4 s 30; 1996 c 305 art 1 s 90
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 354D — Retirement Election, Arts Board, Humanities Center, Historical Society › Section 354D.02 — Participants.

354D.02 PARTICIPANTS.
Subdivision 1.
Election.
An eligible employee as enumerated in subdivision 2 who is eligible for membership in the Minnesota State Retirement System under chapter 352, the Public Employees Retirement Association under chapter 353, or the Teachers Retirement Association under chapter 354 may elect to participate in the individual retirement account plan rather than in the general state retirement plan. Election to participate in the plan must be made pursuant to section 354D.04.
Subd. 2.
Eligibility.
Eligible employees are:
(1) any supervisory or professional employee of the State Arts Board;
(2) any supervisory or professional employee of the Minnesota Humanities Center; or
(3) any employee of the Minnesota Historical Society.
History:
1994 c 508 art 2 s 2; 1995 c 141 art 4 s 30; 1996 c 438 art 7 s 1; 2009 c 78 art 9 s 8
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 354D — Retirement Election, Arts Board, Humanities Center, Historical Society › Section 354D.03 — Social Security Coverage.

354D.03 SOCIAL SECURITY COVERAGE.
Plan participants are members of the general state retirement plan for purposes of Social Security coverage only, and are covered by the applicable agreement entered into under section 355.02 but are not members of the general state retirement plan for any other purpose while employed in covered employment.
History:
1994 c 508 art 2 s 3; 1995 c 141 art 4 s 30; 1996 c 438 art 7 s 2
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 354D — Retirement Election, Arts Board, Humanities Center, Historical Society › Section 354D.04 — Plan Coverage.

354D.04 PLAN COVERAGE.
An election made under this section is irrevocable. Eligible employees under section 354D.02, subdivision 2, shall elect to participate in either the individual retirement account plan or their respective retirement plan as follows:
(1) An eligible employee with no prior allowable service as a member of the Minnesota State Retirement System, the Public Employees Retirement Association, or the Teachers Retirement Association may elect retirement coverage under either their respective state retirement plan or the individual retirement account plan within 60 days of the start of covered employment.
(2) An eligible employee with prior allowable service as a member of the Minnesota State Retirement System, the Public Employees Retirement Association, or the Teachers Retirement Association may elect prospective coverage by the individual retirement account plan. If individual retirement account plan coverage is elected, accumulated employer and employee contributions and allowable service credit shall remain with the applicable retirement association or system. Notwithstanding any provision of law to the contrary, an individual who has transferred coverage for the same employment to the individual retirement account plan is entitled to an augmented deferred retirement annuity from the prior plan based on the amount representing the employer and employee contributions made on the individual's behalf in the retirement association or system in which the individual was formerly enrolled without regard to whether or not the individual meets the service credit vesting requirements of the applicable retirement association or system. An election made under this clause must be made within 120 days following the date the eligible employee first becomes eligible to make the election.
History:
1994 c 508 art 2 s 4; 1995 c 141 art 4 s 30; 1996 c 438 art 7 s 3
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 354D — Retirement Election, Arts Board, Humanities Center, Historical Society › Section 354D.05 — Contributions.

354D.05 CONTRIBUTIONS.
Subdivision 1.
Member contributions.
(a) Participants in the individual retirement account plan who are specified in section 354D.02, subdivision 2, clause (1) or (2), and who would otherwise be members of a Minnesota State Retirement System, Public Employees Retirement Association, or Teachers Retirement Association plan, shall make a member contribution as specified in section 354B.23, subdivision 1.
(b) For individual retirement account plan members specified in section 354D.02, subdivision 2, clause (3), the member contribution is the employee contribution specified in applicable law for the Minnesota State Retirement System, Public Employees Retirement Association, or Teachers Retirement Association plan in which the individual would otherwise be a member.
(c) Contributions under this subdivision must be made by payroll deduction each pay period and must be in accordance with either section 403(b) or 414(h) of the Internal Revenue Code.
Subd. 2.
Employer contributions.
(a) The employer of an employee described in subdivision 1, paragraph (a), must make an employer contribution to the employee's individual retirement account plan account as specified in section 354B.23, subdivisions 3 and 4.
(b) The employer of an employee described in subdivision 1, paragraph (b), must make an employer contribution to the employee's individual retirement account plan account equal to the employer contribution including, if applicable, any employer additional contribution required by applicable plan law for the Minnesota State Retirement System, Public Employees Retirement Association, or Teachers Retirement Association in which the individual would otherwise be a member.
History:
1994 c 508 art 2 s 5; 1995 c 141 art 4 s 30; 2006 c 271 art 3 s 39
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 354D — Retirement Election, Arts Board, Humanities Center, Historical Society › Section 354D.06 — Administration.

354D.06 ADMINISTRATION.
(a) The Minnesota State University system or its successor shall administer the individual retirement account plan for eligible employees listed in section 354D.02, subdivision 2, clauses (1) and (2), in accordance with sections 354B.20 to 354B.30.
(b) The Minnesota Historical Society or its successor shall administer the individual retirement account plan for eligible employees listed in section 354D.02, subdivision 2, clause (3), in accordance with section 354D.08.
History:
1994 c 508 art 2 s 6; 1995 c 141 art 4 s 30; 1996 c 305 art 1 s 91; 1996 c 438 art 7 s 4
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 354D — Retirement Election, Arts Board, Humanities Center, Historical Society › Section 354D.07 — Transfer Of Certain Msrs Member Contribution Refund Amounts To Plan.

354D.07 TRANSFER OF CERTAIN MSRS MEMBER CONTRIBUTION REFUND AMOUNTS TO PLAN.
(a) Notwithstanding any provision of law to the contrary, a former member of the general state employees retirement plan of the Minnesota State Retirement System who is a member of the individual retirement account plan under this chapter may elect to transfer to the individual retirement account plan an amount equal to the refund under section 352.22, subdivision 2, that the member could otherwise receive. The transfer must be made from the general state employees retirement fund directly to the individual retirement account plan and credited by the plan appropriately. No amount under this section is payable directly to any individual.
(b) The election must be made on a form prescribed by the executive director of the Minnesota State Retirement System, after consultation with the administrators of the plan.
History:
1994 c 508 art 2 s 7; 1995 c 141 art 4 s 30
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 355 — Public Employee Social Security Coverage › Section 355.035 — Reimbursement By Employing Units.

355.035 REIMBURSEMENT BY EMPLOYING UNITS.
An employing unit which employs a member of a covered group must reimburse the director for its pro rata share of the cost of the administration of the agency with respect to Social Security coverage in accordance with the rules of the director pertaining to this reimbursement.
History:
2002 c 243 s 3; 2002 c 392 art 8 s 29
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 355 — Public Employee Social Security Coverage › Section 355.036 — Reports.

355.036 REPORTS.
An employing unit which employs a member of a covered group must make any reports in the form required and must include the information that the director requires. An employing unit also must comply with the reporting requirements that the director or the federal Secretary of Health and Human Services may from time to time determine are necessary to ensure the correctness and verification of relevant information.
History:
2002 c 392 art 8 s 30
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 355 — Public Employee Social Security Coverage › Section 355.037 — Proceeds Of Special Benefit Taxes.

355.037 PROCEEDS OF SPECIAL BENEFIT TAXES.
The proceeds of the special benefit taxes that are authorized to be levied for redevelopment purposes under section 469.033, subdivision 6, may be used to defray all or part of the costs incurred by any housing and redevelopment authority under this chapter.
History:
2002 c 392 art 8 s 31
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 355 — Public Employee Social Security Coverage › Section 355.05 — Rules.

355.05
MS 1957 [Renumbered 3.29, subd 5]
355.05 RULES.
The director may promulgate those rules, not inconsistent with the provisions of this chapter, as it finds necessary or appropriate to the efficient administration of the functions with which it is charged under this chapter.
History:
1955 c 665 s 6; 1959 c 558 s 9; 1985 c 248 s 70; 2002 c 392 art 8 s 32
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 355 — Public Employee Social Security Coverage › Section 355.07 — Declaration Of Policy.

355.07
MS 1957 [Renumbered 3.29, subd 7]
355.07 DECLARATION OF POLICY.
(a) In order to extend to employees of the state, its political subdivisions, and its other governmental employers, and to the dependents and survivors of the employees of those employing units, the basic protection accorded to others by the old age, survivors, and disability insurance system embodied in the Social Security Act, it is hereby declared to be the policy of the legislature, subject to the limitations of this chapter, that these steps are taken to provide protection to employees of the state and its political subdivisions on as broad a basis as may be authorized by the legislature and is permitted under the Social Security Act.
(b) It is also the policy of the legislature that the protection afforded employees in positions covered by a retirement system on the date an agreement under this chapter is made applicable to service performed in those positions, or receiving periodic benefits under the retirement system at that time, will not be impaired as a result of making the agreement so applicable or as a result of legislative enactment in anticipation thereof when combined with the benefits accorded the employee by the Social Security Act.
(c) To this end, the agreement referred to in section 355.02 must not be made applicable to any service performed in any position covered by a retirement system unless a referendum is first held by secret ballot in which a majority of "eligible employees," as defined in section 218(d)(3) of the Social Security Act, vote in favor thereof, or unless a retirement system is divided in two divisions or parts, one of which is composed of positions of members of the system who desire coverage and one of which is composed of positions of members of the system who do not desire coverage under section 218(d)(3) of the Social Security Act, in accordance with subsections (6) and (7) thereof. The cost of the referendum must be borne by the affected governmental subdivision or subdivisions, which are required to elect a voting method.
(d) If a retirement system is divided as described in paragraph (c), any member of the division of members that did not desire coverage may be transferred to the division of members who did desire coverage as provided in section 218(d)(6)(f) of the Social Security Act so long as the individual files a written request for such a transfer with the director.
(e) Nothing in any provision of this chapter authorizes the extension of the insurance system established by this chapter, to service in any police officer's or firefighter's position as covered by a retirement system in section 356.30, subdivision 3, clauses (4) and (7).
History:
1955 c 665 s 1; 1959 c 558 s 11; 1977 c 429 s 63; 1981 c 224 s 142; 2002 c 392 art 8 s 33; 2015 c 68 art 12 s 37
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 355 — Public Employee Social Security Coverage › Section 355.08 — Application Of Social Security Act.

355.08
MS 1957 [Renumbered 3.29, subd 8]
355.08 APPLICATION OF SOCIAL SECURITY ACT.
The provisions of the Social Security Act govern relative to employees of the state, its political subdivisions, and its other governmental employers subject to this chapter, anything in this chapter to the contrary notwithstanding.
History:
1959 c 558 s 12; 2002 c 392 art 8 s 34
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 355 — Public Employee Social Security Coverage › Section 355.091 — Division Of Retirement Plans.

355.091 DIVISION OF RETIREMENT PLANS.
(a) The public retirement plans enumerated in paragraph (b) must be divided into two parts in accordance with section 218(d)(6)(c) of the Social Security Act, with one part composed of plan members who did not elect Social Security coverage in the applicable referendum and the other part composed of plan members who did elect Social Security coverage in the applicable referendum.
(b) The applicable public retirement plans are:
(1) the elective state officers retirement plan;
(2) the judges retirement plan;
(3) the legislators retirement plan;
(4) the Minneapolis Teachers Retirement Fund Association;
(5) the general employees retirement plan of the Public Employees Retirement Association;
(6) the St. Paul Teachers Retirement Fund Association; and
(7) the Teachers Retirement Association.
(c) Plan participants and persons electing participation under section 354B.211 remain members of the Teachers Retirement Association for purposes of Social Security coverage only, and remain covered by the applicable agreement entered into under section 355.01, but are not members of the Teachers Retirement Association for any other purpose while employed in covered employment.
History:
2002 c 392 art 8 s 35; 1Sp2019 c 8 art 5 s 14
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 356 — Retirement Systems, Generally › Section 356.195 — Service Credit Purchase Procedures For Strike Periods.

356.195 SERVICE CREDIT PURCHASE PROCEDURES FOR STRIKE PERIODS.
Subdivision 1.
Covered plans.
This section applies to all defined benefit plans specified in section 356.30, subdivision 3, except clause (9).
Subd. 2.
Purchase procedure for strike periods.
(a) An employee covered by a plan specified in subdivision 1 may purchase allowable service credit in the applicable plan for any period of time during which the employee was on a public employee strike without pay, not to exceed a period of one year, if the employee makes a payment in lieu of salary deductions as specified in paragraph (b) or (c), whichever applies. The employing unit, at its option, may pay the employer portion of the amount specified in paragraph (b) on behalf of its employees.
(b) If payment is received by the applicable pension plan executive director within one year from the end of the strike, the payment amount is equal to the applicable employee and employer contribution rates specified in law for the applicable plan during the strike period, applied to the employee's rate of salary in effect at the conclusion of the strike for the period of the strike without pay, plus compound interest at the applicable monthly rate or rates specified in section 356.59, subdivision 2, 3, 4, or 5, whichever applies, from the last day of the strike period until the date payment is received.
(c) If payment is received by the applicable pension fund director after one year and before five years from the end of the strike, the payment amount is the amount determined under section 356.551.
(d) Payments may not be made more than five years after the end of the strike.
History:
1Sp2005 c 8 art 2 s 1; 2007 c 134 art 2 s 42; 2014 c 275 art 2 s 25; 2015 c 68 art 3 s 13; 2018 c 211 art 6 s 35
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 356 — Retirement Systems, Generally › Section 356.22 — Interpretation.

356.22 INTERPRETATION.
Subdivision 1.
Provision of additional valuations.
No provision in sections 356.20 to 356.23 may be construed in any way to limit any of the enumerated pension and retirement funds from furnishing additional actuarial valuations or experience studies, or additional data and actuarial calculations, as may be requested by the legislature or any standing committee or by the Legislative Commission on Pensions and Retirement.
Subd. 2.
Accelerated amortization.
No provision in sections 356.20 to 356.23 may be construed to preclude any public pension and retirement fund enumerated in section 356.20, subdivision 2, from requesting, or the legislature from providing for, the amortization of any unfunded actuarial accrued liability in a shorter period of time than by the established date for full funding as determined under section 356.215, subdivision 11.
Subd. 3.
Additional required valuations.
The legislature or any committee or commission which has assigned to it the subject of public pensions or public retirement plans may require actuarial valuations and experience studies in conformity with the provisions of sections 356.20 to 356.23 from any public pension and retirement plan or fund, whether enumerated in sections 356.20 to 356.23 or otherwise.
History:
1965 c 359 s 3; 1975 c 192 s 4,5; 1979 c 184 s 2; 1981 c 224 s 171; 1Sp1985 c 7 s 35; 1987 c 259 s 57; 2002 c 392 art 11 s 11
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 356 — Retirement Systems, Generally › Section 356.23 — Supplemental Valuations; Alternative Reports And Valuations.

356.23 SUPPLEMENTAL VALUATIONS; ALTERNATIVE REPORTS AND VALUATIONS.
Subdivision 1.
Supplemental actuarial valuations.
Any supplemental actuarial valuations prepared on behalf of any governing or managing board of any pension and retirement fund enumerated in section 356.20, subdivision 2, by an approved actuary, must be prepared in accordance with the applicable provisions of sections 356.20 to 356.23 and with the standards adopted by the Legislative Commission on Pensions and Retirement. Any pension and retirement fund which prepares an alternative actuarial valuation under subdivision 2 also must have a supplemental actuarial valuation prepared.
Subd. 2.
Alternative reports and valuations.
In addition to the financial reports and actuarial valuations required by sections 356.20 to 356.23, the governing or managing board of any fund concerned may submit alternative reports and actuarial valuations for distribution to the legislature, any of its committees, or the Legislative Commission on Pensions and Retirement on a different basis or on different assumptions than are specified in sections 356.20 to 356.23. The assumptions and basis of any alternative reports and valuations must be clearly stated in the document.
History:
1965 c 359 s 4; 1971 c 7 s 7; 1975 c 192 s 6; 1984 c 655 art 1 s 59; 1987 c 259 s 58; 2002 c 392 art 11 s 12
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 356 — Retirement Systems, Generally › Section 356.245 — Local Elected Officials.

356.245 LOCAL ELECTED OFFICIALS.
An elected official who is covered by section 353.01, subdivision 2a, or 353D.01, subdivision 2, whichever applies, is eligible to participate in a deferred compensation plan under section 356.24. The applicable local governmental unit may make the matching employer contributions authorized by that section on the part of a participating elected official.
History:
1988 c 709 art 9 s 3; 2002 c 392 art 11 s 17; 2015 c 68 art 13 s 46
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 356 — Retirement Systems, Generally › Section 356.25 — Local Governmental Pension Fund Prohibitions; Exclusions.

356.25 LOCAL GOVERNMENTAL PENSION FUND PROHIBITIONS; EXCLUSIONS.
Notwithstanding any other provision of law or charter to the contrary, no city, county, public agency or instrumentality, or other political subdivision is required or permitted to establish for any of its employees a local pension plan or fund financed in whole or in part from public funds, other than:
(1) a supplemental pension or deferred compensation plan authorized under section 356.24; or
(2) a volunteer firefighters relief association that is established under chapter 424A and is governed by sections 424A.091 to 424A.096.
History:
1975 c 405 s 1; 1977 c 429 s 63; 1981 c 224 s 173; 1984 c 655 art 1 s 60; 2002 c 392 art 10 s 2; art 11 s 18; 2013 c 111 art 5 s 80
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 356 — Retirement Systems, Generally › Section 356.311 — Coverage By More Than One Plan.

356.311 COVERAGE BY MORE THAN ONE PLAN.
(a) Any person who has been a member of two or more of the retirement plans listed in paragraph (b) is entitled, when qualified, to an annuity from each fund if:
(1) the person's combined service in any two or more retirement plans equals or exceeds the vesting requirement of the fund with the longest vesting requirement; and
(2) the person has not taken a refund from any of the retirement plans.
(b) This section applies to any defined benefit plan administered by the Minnesota State Retirement System, including the State Patrol Retirement Plan; the Public Employees Retirement Association, including the public employees police and fire plan; the Teachers Retirement Association; and the St. Paul Teachers Retirement Fund Association, except as noted in paragraph (c).
(c) This section does not apply to plans providing benefits for police officers or firefighters under sections 424A.091 to 424A.096 or the Bloomington Fire Department Relief Association.
(d) No portion of the service upon which the retirement annuity from one retirement plan is based shall be again used in the computation of a retirement annuity from another plan. The annuity from each plan must be determined under the laws applicable to that plan except that the requirement that a person meet the vesting requirement in any particular plan shall not apply, provided the combined service in any two or more plans equals or exceeds the vesting requirement of the plan with the longest vesting requirement.
(e) Any deferred annuity payable under this section shall be subject to augmentation under the laws applicable to the deferred annuity.
(f) Any person to whom an annuity is not payable under this section because the person took a refund from one of the funds shall be entitled to repay the refund in accordance with the laws governing the refund. Upon repayment, the person is entitled to annuities under this section, if the person would otherwise be entitled.
History:
2018 c 211 art 5 s 5
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 356 — Retirement Systems, Generally › Section 356.315 — Retirement Benefit Formula Percentages.

356.315 RETIREMENT BENEFIT FORMULA PERCENTAGES.
Subdivision 1.
[Repealed, 2013 c 111 art 4 s 21]
Subd. 1a.
[Repealed, 2013 c 111 art 4 s 21]
Subd. 2.
[Repealed, 2013 c 111 art 4 s 21]
Subd. 2a.
[Repealed, 2013 c 111 art 4 s 21]
Subd. 2b.
[Repealed, 2013 c 111 art 4 s 21]
Subd. 3.
[Repealed, 2013 c 111 art 4 s 21]
Subd. 4.
[Repealed, 2013 c 111 art 4 s 21]
Subd. 5.
[Repealed, 2013 c 111 art 4 s 21]
Subd. 5a.
[Repealed, 2013 c 111 art 4 s 21]
Subd. 6.
[Repealed, 2013 c 111 art 4 s 21]
Subd. 7.
[Repealed, 2013 c 111 art 4 s 21]
Subd. 8.
[Repealed, 2013 c 111 art 4 s 21]
Subd. 8a.
[Repealed, 2014 c 275 art 2 s 26]
Subd. 9.
Future benefit accrual rate increases.
After January 2, 1998, benefit accrual rate increases under section 352.115, subdivision 3; 352.87, subdivision 3; 352.93, subdivision 3; 352.95, subdivision 1; 352B.08, subdivision 2; 352B.10, subdivision 1; 353.29, subdivision 3; 353.651, subdivision 3; 353.656, subdivision 1, 1a, or 3a; 353E.04, subdivision 3; 353E.06, subdivision 1; 354.44, subdivision 6; 354A.31, subdivision 4 or 4a; 356.30, subdivision 1; 490.121, subdivision 22; or 490.124, subdivision 1, must apply only to allowable service or formula service rendered after the effective date of the benefit accrual rate increase.
History:
2002 c 392 art 11 s 22; 2006 c 277 art 3 s 38,39; 2010 c 359 art 1 s 75; 2013 c 111 art 4 s 18; art 14 s 1
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 356 — Retirement Systems, Generally › Section 356.32 — Proportionate Annuity At Age 65.

356.32 PROPORTIONATE ANNUITY AT AGE 65.
Subdivision 1.
Proportionate retirement annuity.
(a) Notwithstanding any provision to the contrary of the laws governing any of the retirement funds enumerated in subdivision 2, any person who is an active member of any applicable fund, who has credit for at least one year of allowable service in one or more of the covered plans, and who terminates active service under a mandatory retirement law or policy or at the normal retirement age but not less than age 65, is entitled upon making written application on the form prescribed by the chief administrative officer of the plan to a proportionate retirement annuity from each covered plan in which the person has at least six months of allowable service credit.
(b) The proportionate annuity must be calculated under the applicable laws governing annuities based upon allowable service credit at the time of retirement and the person's average salary for the highest five successive years of allowable service or the average salary for the entire period of allowable service if less than five years.
(c) Nothing in this section prevents the imposition of the appropriate early retirement reduction of an annuity which commences before the normal retirement age.
Subd. 2.
Covered retirement plans.
The provisions of this section apply to the following retirement plans:
(1) the general state employees retirement plan of the Minnesota State Retirement System, established under chapter 352;
(2) the correctional state employees retirement plan of the Minnesota State Retirement System, established under chapter 352;
(3) the State Patrol retirement plan, established under chapter 352B;
(4) the general employees retirement plan of the Public Employees Retirement Association, established under chapter 353;
(5) the public employees police and fire plan of the Public Employees Retirement Association, established under chapter 353;
(6) the local government correctional service retirement plan of the Public Employees Retirement Association, established under chapter 353E;
(7) the Teachers Retirement Association, established under chapter 354; and
(8) the St. Paul Teachers Retirement Fund Association, established under chapter 354A.
History:
1975 c 183 s 2; 1976 c 130 s 1; 1978 c 649 s 3; 1978 c 796 s 44; 1979 c 40 s 10; 1979 c 217 s 27; 1980 c 342 s 15; 1981 c 37 s 2; 1981 c 224 s 174; 1981 c 298 s 11; 1987 c 372 art 1 s 21; 1989 c 319 art 13 s 93; 1995 c 141 art 3 s 20; 1997 c 233 art 1 s 63; 2002 c 392 art 11 s 23; 2009 c 169 art 11 s 2; 2010 c 359 art 12 s 29; 2014 c 296 art 6 s 39,49; 2015 c 68 art 12 s 38; art 14 s 22; 2018 c 211 art 13 s 1
2023 Minnesota Statutes › Chapters 352 - 356B — Retirement › Chapter 356 — Retirement Systems, Generally › Section 356.40 — Date For Payment Of Annuities And Benefits.

356.40 DATE FOR PAYMENT OF ANNUITIES AND BENEFITS.
(a) Notwithstanding any law to the contrary, all annuities and benefits payable by a covered retirement fund, as defined in section 356.30, subdivision 3, must be paid in advance for each month during the first week of that month.
(b) In no event, however, may this section authorize the payment of both a retirement annuity and a surviving spouse's benefit in one month where the law governing the applicable retirement fund provides for the payment of the retired member's retirement annuity to the surviving spouse for the month in which the retired member dies.
History:
1977 c 388 s 3; 2002 c 392 art 11 s 24; 2015 c 68 art 13 s 47