new text begin Subdivision 1. new text end

new text begin Required proposal filing. new text end

deleted text begin (a)deleted text end Proposed administrative legislation
recommended by or on behalf of deleted text begin the Minnesota State Retirement System, the Public
Employees Retirement Association, the Teachers Retirement Association, the Minneapolis
Employees Retirement Fund, or a first class city teachers retirement fund association, and
proposed retirement-related legislation recommended by the Minnesota State Colleges
and Universities systemdeleted text end new text begin a covered retirement plan or entity new text end must be deleted text begin presented todeleted text end new text begin filed with
new text end the new text begin executive director of the new text end Legislative Commission on Pensions and Retirement, new text begin with
new text end the new text begin chair of the new text end State and Local Governmental Operations Committee of the senate, and
new text begin with new text end the new text begin chair of the new text end Governmental Operations and Veterans Affairs Policy Committee of
the house of representatives on or before October 1 of each yearnew text begin .
new text end

new text begin Subd. 2. new text end

new text begin Consequences of nonfiling. new text end

new text begin Proposed public pension plan administrative
legislation must be filed by the designated datenew text end in order for the proposed administrative
legislation to be deleted text begin acted upondeleted text end new text begin considered by the commission and by the standing committees
new text end during the upcoming legislative session.

new text begin Subd. 3. new text end

new text begin Pension commission staff response. new text end

The executive director or the deputy
executive director of the Legislative Commission on Pensions and Retirement shall
provide written comments on the proposed administrative provisions to the deleted text begin public pensiondeleted text end
new text begin covered retirement new text end plans new text begin or entities new text end by November 15 of each year.

new text begin Subd. 4. new text end

new text begin Mandated subjects for revision recommendations; schedule. new text end

deleted text begin (b)deleted text end new text begin (a)
new text end Proposed administrative legislation recommended by or on behalf of a deleted text begin public employee
pensiondeleted text end new text begin covered retirement new text end plan or deleted text begin systemdeleted text end new text begin entity new text end under deleted text begin paragraph (a)deleted text end new text begin subdivision 1 new text end must
address new text begin the following subjects and new text end provisions:

(1) authorizing allowable service credit for leaves of absence and related
circumstancesnew text begin , by October 1, 2008new text end ;

(2) governing offsets or deductions from the amount of disability benefitsnew text begin , by
October 1, 2009new text end ;

(3) authorizing the purchase of allowable service credit for prior uncredited periodsnew text begin ,
by October 1, 2010new text end ;

deleted text begin (4) governing subsequent employment earnings by reemployed annuitants; and
deleted text end

deleted text begin (5)deleted text end new text begin (4) new text end authorizing retroactive effect for retirement annuity or benefit applicationsdeleted text begin .deleted text end new text begin ,
by October 1, 2011;
new text end

new text begin (5) defining covered salary, by October 1, 2012;
new text end

new text begin (6) defining allowable service for ongoing public employment, by October 1, 2013;
new text end

new text begin (7) covering labor organization employees, by October 1, 2014;
new text end

new text begin (8) applying for disability benefits, by October 1, 2015; and
new text end

new text begin (9) applying for and paying death refunds, by October 1, 2016.
new text end

(c) Where possible and desirable, taking into account the differences among the
public pension plans in existing law and the unique characteristics of the individual public
pension deleted text begin funddeleted text end new text begin plan new text end memberships, uniform provisions relating to paragraph deleted text begin (b)deleted text end new text begin (a) new text end for all
applicable public deleted text begin pensiondeleted text end new text begin retirement new text end plans must be presented for consideration during
the new text begin specified new text end legislative session.

new text begin (d)new text end Supporting documentation setting forth the policy rationale for each set of
uniform provisions must accompany the proposed administrative legislation.new text begin Supporting
documentation includes a narrative statement of the administrative problem to be resolved
and a summary of the intended proposed solution to that administrative problem. Proposed
administrative legislation that omits supporting documentation does not represent a
complete proposal and may not be considered to have been filed in a timely manner.
new text end

new text begin Subd. 5. new text end

new text begin Covered retirement plans and entities. new text end

new text begin The retirement plans and entities
covered by this section are:
new text end

new text begin (1) the Minnesota State Retirement System;
new text end

new text begin (2) the Public Employees Retirement Association;
new text end

new text begin (3) the Teachers Retirement Association;
new text end

new text begin (4) the Minneapolis Employees Retirement Fund;
new text end

new text begin (5) the Duluth Teachers Retirement Fund Association;
new text end

new text begin (6) the St. Paul Teachers Retirement Fund Association; and
new text end

new text begin (7) the Minnesota State Colleges and Universities System.
new text end