as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
A bill for an act
relating to retirement; elective state officers
retirement plan; amending Minnesota Statutes 2004,
section 352C.091, subdivision 1; proposing coding for
new law in Minnesota Statutes, chapter 352C; repealing
Minnesota Statutes 2004, sections 352C.01; 352C.011;
352C.021; 352C.031; 352C.033; 352C.04; 352C.051;
352C.09; 352C.091, subdivisions 2, 3.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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(a) The retirement plan applicable to a former
constitutional officer who was first elected to a constitutional
office after July 1, 1967, and before July 1, 1997, is the
applicable portions of this chapter and chapter 356 in effect on
the date on which the person terminated active service as a
constitutional officer.
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(b) Nothing in this section or section 2 or 3 is intended
to reduce the benefits of former constitutional officers or to
adversely modify their eligibility for benefits in effect as of
the day before the effective date of this section.
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Minnesota Statutes 2004, section 352C.091,
subdivision 1, is amended to read:
deleted text begin This
chapter deleted text end new text begin (a) The elected officers retirement plan new text end must be
administered by the new text begin board of directors and the executive
director of the new text end Minnesota State Retirement System.
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(b) new text end The elected state officers retirement plan must be
administered consistent with deleted text begin this chapter deleted text end new text begin the applicable
statutory provisions governing the plan new text end and chapters 356 and
356A.