Minnesota HF 1951: Omnibus pensions and retirement bill.

Bill Text

H.F.No.1951,ConferenceCommitteeReport-88thLegislature(2013-2014)05/15/1411:20AM[ccrhf1951]
CONFERENCECOMMITTEEREPORTONH.F.No.19511.1
Abillforanact1.2
relatingtoretirement;variousMinnesotapublicemployeeretirementplans;1.3
allowingMSRS-Generaldeferredmemberstovoteinboardelections;1.4
continuingStevensCountyHousingandRedevelopmentAuthorityemployees1.5
inPERA-General;excludingfixed-routebusdriversemployedbytheSt.1.6
CloudMetropolitanTransitCommissionfromPERA-Generalcoverage;1.7
increasingmemberandemployercontributionratesforcertainretirement1.8
plans;providingfortheconsolidationoftheDuluthTeachersRetirementFund1.9
AssociationretirementplanandfundintothestatewideTeachersRetirement1.10
Association;revisinganamortizationtargetdate,creatingnewstateaid1.11
programs;appropriatingmoney;extendingaMnSCUearlyretirementincentive1.12
program;increasingthelimitforcertainreemployedMnSCUretirees;extending1.13
theapplicabilityofasecondchanceattenureretirementcoverageelection1.14
opportunityforMnSCUfacultymembers;revisinginvestmentauthorityfor1.15
variousdefinedcontributionplansorprograms;authorizingtheStateBoardof1.16
Investmenttorevise,remove,orcreateinvestmentoptionsfortheMinnesota1.17
supplementalinvestmentfund;expandingpermissibleinvestmentsunderthe1.18
unclassifiedstateemployeesretirementprogram,thepublicemployeesdefined1.19
contributionplan,thedeferredcompensationprogram,andthehealthcaresavings1.20
plan;revisingsalaryreportingrequirements;clarifyingretirementprovision1.21
applicationstosheriffs;revisinglocalgovernmentpostretirementoptionprogram1.22
requirementsandextendingexpirationdate;clarifyingfuturepostretirement1.23
adjustmentratesforformermembersoftheformerMinneapolisFirefighters1.24
ReliefAssociationandtheformerMinneapolisPoliceReliefAssociation;making1.25
technicalchangestoamortizationstateaidandsupplementalstateaid;clarifying1.26
theeligibilityofindependentnonprofitfirefightingcorporationstoreceivepolice1.27
andfiresupplementalretirementstateaid;implementingtherecommendations1.28
ofthe2013-2014stateauditorvolunteerfireworkinggroup;modifyingthe1.29
disabilitybenefitapplicationdeadlineforcertainformerWadenaCountysheriff's1.30
deputies;authorizingcityofDuluthandDuluthAirportsAuthorityemployee1.31
salary-supplementpaymentscoveragefollowingCourtofAppealsdecision;1.32
specifyinginterestrateforcomputingjointandsurvivorannuities;revising1.33
postretirementadjustmenttriggers;revisingreemployedannuitantwithholdingin1.34
certaindivorcesituations;clarifyingmedicaladvisorandresumptionofteaching1.35
provisions;specifyingexplicitpostretirementadjustmentassumptions;allowing1.36
volunteerfirefighterreliefassociationstopaystatefirechiefsassociationdues1.37
fromthespecialfund;authorizingMnSCUemployeetoelectTRAcoverageand1.38
transferpastservicefromIRAPtoTRA;clarifyingtheapplicabilityof20131.39
postretirementadjustmentmodificationstocertaincountysheriffs;ratifyingor1.40
grandparentingMSRS-CorrectionalplancoverageforDepartmentofHuman1.41
Servicesemployees;allowingvariousservicecreditpurchases;requiringa1.42
PERAreportoncertainsurvivorbenefitamounts;amendingMinnesotaStatutes1.43
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H.F.No.1951,ConferenceCommitteeReport-88thLegislature(2013-2014)05/15/1411:20AM[ccrhf1951]
2012,sections3A.01,subdivision1a;11A.17,subdivisions1,9;13.632,2.1
subdivision1;122A.18,subdivision7a;136F.481;352.01,subdivisions2b,2.2
12;352.03,subdivision1,byaddingasubdivision;352.04,subdivisions2,2.3
3;352.115,subdivisions8,10;352.1155,subdivisions1,4;352.90;352.91,2.4
subdivisions1,2,3c,3d,3e,3f,byaddingasubdivision;352.92,subdivisions2.5
1,2;352.965,subdivision4,byaddingsubdivisions;352.98,subdivision2;2.6
352B.08,subdivision3;352D.04,byaddingsubdivisions;353.01,subdivision2.7
14;353.27,subdivisions2,3,3b,4,byaddingasubdivision;353.30,subdivision2.8
3;353.37,byaddingasubdivision;353.371,byaddingasubdivision;353.6511,2.9
subdivision7;353.6512,subdivision7;353D.05,subdivision1,byaddinga2.10
subdivision;354.05,subdivisions2,7,13;354.42,subdivisions2,3;354.44,2.11
subdivision5;354.445;354.48,subdivision6a;354A.011,subdivisions11,15a,2.12
27;354A.021,subdivision1;354A.092;354A.093,subdivision1;354A.096;2.13
354A.12,subdivision2;354A.29,subdivision8;354A.31,subdivisions1,2.14
3a;354A.32,subdivision1;354A.35,subdivision1;354A.37,subdivisions2.15
3,4;354A.39;354A.41;354B.21,subdivisions2,3a;355.01,subdivision2.16
2c;356.215,subdivision11;356.24,subdivision1;356.302,subdivision2.17
7;356.303,subdivision4;356.32,subdivision2;356.415,subdivision1d;2.18
356.42,subdivision3;356.465,subdivision3;356.47,subdivision3;356.635,2.19
subdivision6;356.99,subdivision1;356A.06,subdivisions7,7a;424A.015,2.20
byaddingasubdivision;424A.016,subdivisions4,7;424A.05,subdivision2.21
3;424A.08;424B.12;490.121,subdivision2a;MinnesotaStatutes20132.22
Supplement,sections69.051,subdivisions1a,3;352.01,subdivision2a;352.03,2.23
subdivision4;353.01,subdivisions2a,2b;353.651,subdivision4;354.436;2.24
354.44,subdivision6;354A.12,subdivisions1,2a,3a,3c;354A.27,subdivision2.25
6a;356.20,subdivision2