The contents of S.F. 1160 (Senjem); H.F. 567 (Demmer), as amended by the Commission, was recommended for inclusion in the 2005 Omnibus Pension Bill by the Commission on April 6, 2005, but the Commission staff erroneously omitted it from Document LCPR05-231.

S.F. 1160 (Senjem); H.F. 567 (Demmer), as amended by the Commission, would extend the current prior military service credit purchase authority for the four teacher retirement plans and other general employee retirement plans until 2007.

The omission was brought to the attention of the Commission staff by J. Michael Stoffel, Executive Director of the Duluth Teachers Retirement Fund Association

Summary of Amendment LCPR05-232:

Location

Change

Page 51, Line 1

Adds a payment deadline consistent with the new leave of absence service credit provision for judges for whom the provision is retroactive and where the leave may have occurred more than a year ago.

Page 57, Line 26

Adds clause inadvertently dropped relating to the exclusion from police state aid for University of Minnesota police chiefs with mandatory University of Minnesota Faculty Retirement Plan coverage.

Page 59, Lines 11-12;
Page 61, Lines 30-31

Adds clarifying language omitted by MSRS in their amendment specifying that the provision relates to the Department of Commerce Insurance Fraud Prevention Division police officers who become ineligible for future retirement coverage by the State Patrol Retirement Plan by virtue of attained age.

Page 63, Lines 6 and 11

Uses consistent references to the Public Employees Police and Fire Retirement Plan (PERA-P&F) in the University of Minnesota police pension coverage clarification.

Page 95, Line 34;
Page 99, Line 1

Eliminates now obsolete internal effective dates within the lump sum and monthly benefit volunteer firefighters relief association service pension maximum provisions.

Page 104, Line 34

Eliminates the requirement that municipal representatives on volunteer firefighter relief associations associated with nonprofit firefighting corporations be elected officials where the proposed change in the section is to broaden the representation to elected or appointed officials.

Page 108, Lines 17 and 19

Corrects name references to the Senate State Government Budget Division and the House Governmental Operations and Veterans Affairs Committee in statewide volunteer firefighter pension plan study report filing provision.

Page 120, Line 25

Corrects reference to the General State Employees Retirement Plan of the Minnesota State Retirement System (MSRS-General) in the provision updating the language style and usage relating to employer contributions for leaves of absence, following MSRS recommendation.

Page 124, Line 19

Replaces an inappropriate “shall” with “must” for the State Patrol Retirement Plan supplemental actuarial valuation authorization provision.

Page 125, Line 3

Corrects inappropriate suggested interest rate specification in a transfer of assets provision for the Unclassified State Employees Retirement Program of the Minnesota State Retirement System (MSRS-Unclassified), replacing it with the appropriate reference to pre-retirement interest actuarial assumption rates.

Page 151, Line 32

Shifts a verb from present tense to past tense in a Minneapolis Employees Retirement Fund (MERF) membership grandparented provision relating to Hennepin County employees.

Page 159, Line 54

Adds appropriate increased salary increase actuarial assumption rate for the Bloomington Fire Department Relief Association to accompany the proposed increased pre-retirement and post-retirement interest rate actuarial assumption, to match the practice in the Minneapolis Police Relief Association and the Minneapolis Firefighters Relief Association.

Page 164, Line 26

Adds a grammatically helpful “and” before the third clause of a three-clause numbered provision relating to the potential Aurora, Biwabik City, Hoyt Lakes, and Palo Volunteer Firefighter Relief Association consolidation.

Page 166, Lines 10, 11, 12, 13, and 25

Corrects a failed engrossment of a Commission amendment related to the Maplewood-Oakdale Volunteer Firefighter Relief Association service credit and asset transfer provision.

Title Amendment

Adds a title specification “appropriating money” to the title to reflect the appropriation proposed for the statewide volunteer firefighter retirement plan task force.

 

LCPR05-232

  1.1     M ............... moves to amend S.F. No. 427; H.F. No. 

  1.2  2092 (Document LCPR05‑231), as follows: 

  1.3     Page 51, line 1, after "date." insert "For a person for 

  1.4  whom section 2 is retroactive, the equivalent contribution 

  1.5  payment must be made on or before July 1, 2006." 

  1.6     Page 57, line 26, after "to" insert "be a member of" 

  1.7     Page 59, line 11, after "Commerce" insert "as a peace 

  1.8  officer" 

  1.9     Page 59, line 12, after "Prevention" insert "Division" 

  1.10    Page 61, line 30, delete "a commerce" and insert "an" and 

  1.11 after "employee" insert "of the Department of Commerce" 

  1.12    Page 61, line 31, before "employed" insert "who is" and 

  1.13 delete "with" and insert "by" 

  1.14    Page 63, line 6, before "police" insert "public employees" 

  1.15    Page 63, line 11, delete "fund" and insert "retirement plan"

  1.16    Page 95, strike line 34 

  1.17    Page 99, strike line 1 

  1.18    Page 104, line 34, strike "who are the elected officials" 

  1.19    Page 108, line 28, delete "and 14 to 17" and insert ", 14, 

  1.20 15, and 17" 

  1.21    Page 108, after line 31, insert: 

  1.22    "(c) Section 16 is effective on the day following final 

  1.23 enactment." 

  1.24    Page 108, line 17, delete ", Economic Development, and 

  1.25 Judiciary" 

  1.26    Page 108, line 19, delete "Policy" 

  1.27    Page 120, line 25, strike "shall" and insert "must" and 

  1.28 before the second "state" insert "general" 

  1.29    Page 124, line 19, strike "shall" and insert "must" 

  1.30    Page 125, line 22, delete the underscored language and 

  1.31 insert "applicable preretirement interest actuarial assumption 

  1.32 rate" 

  1.33    Page 151, line 32, strike "is" and insert "was" 

  1.34    Page 159, after line 54, insert: 

  1.35     "Bloomington Fire Department Relief 

  1.36          Association                              4.0"

  2.1     Page 164, line 26, after "consolidation;" insert "and" 

  2.2     Page 165, line 21, delete "will" and insert "must" 

  2.3     Page 166, line 10, delete "and ratified by the city" 

  2.4     Page 166, line 11, delete "councils of" 

  2.5     Page 166, line 12, delete the second "of" and after "and" 

  2.6  insert "of" 

  2.7     Page 166, line 13, after "Oakdale" insert an underscored 

  2.8  period 

  2.9     Page 166, line 25, delete "be" 

  2.10    Amend the title as follows: 

  2.11    Page 168, line 18, after "individuals;" insert 

  2.12 "appropriating money;"

 

LCPR05-233

  1.1     M ............... moves to amend the amendment to S.F. No. 

  1.2  427; H.F. No. 2092 (Document LCPR05‑231), as follows: 

  1.3     Page 16, line 24, delete "trustees" and insert "directors 

  1.4  of the Minnesota State Retirement System" 

  1.5     Page 16, line 25, after "356.214" insert "and approved 

  1.6  under section 356.215, subdivision 18, 

  1.7     Page 18, line 32, strike "payable" and insert "paid" 

  1.8     Page 49, line 28, after the first "years" insert "out" 

  1.9     Page 49, line 29, strike "event of maturity of benefits" 

  1.10 and insert "termination of judicial service" 

  1.11    Page 49, line 30, delete the underscored period and after 

  1.12 "service" insert "by the judge equals or exceeds ten.  If the 

  1.13 number of years of service by the judge" 

  1.14    Page 49, line 31, after "ten," insert "but more than five," 

  1.15    Page 49, line 32, after "service" insert "by the judge" 

  1.16    Page 49, line 33, delete "during" and insert "for" and 

  1.17 before "must" insert "of service"

 

LCPR05-240

  1.1     M ............... moves to amend S.F. No. 427; H.F. No. 

  1.2  2092 (Document LCPR05‑231), as follows: 

  1.3     Page 50, after line 36, insert:  

  1.4     "Sec. 2.  Laws 1999, chapter 222, article 16, section 16, 

  1.5  as amended by Laws 2002, chapter 392, article 7, section 1, and 

  1.6  Laws 2003, First Special Session chapter 12, article 6, section 

  1.7  2, and Laws 2004, chapter 267, article 17, section 6, is amended 

  1.8  to read:  

  1.9     Sec. 16.  REPEALER. 

  1.10    (a) Sections 2 to 6 and 8 to 13 are repealed on May 16, 

  1.11 2004.  

  1.12    (b) Sections 1 and 7 are repealed on May 16, 2006 2007.  

  1.13    Sec. 3.  Laws 2000, chapter 461, article 4, section 4, as 

  1.14 amended by Laws 2003, First Special Session chapter 12, article 

  1.15 6, section 3, and Laws 2004, chapter 267, article 17, section 7, 

  1.16 is amended to read:  

  1.17    Sec. 4.  EFFECTIVE DATE; SUNSET REPEALER. 

  1.18    (a) Sections 1, 2, and 3 are effective on the day following 

  1.19 final enactment.  

  1.20    (b) Sections 1, 2, and 3, are repealed on May 16, 2006

  1.21 2007." 

  1.22    Page 51, line 32, delete "3" and insert "5" 

  1.23    Page 51, line 34, after "(b)" insert "Sections 2 and 3 are 

  1.24 effective on the day following final enactment. 

  1.25    (c)" and delete "2" and insert "4" 

  1.26    Renumber the sections in sequence and correct internal 

  1.27 references 

  1.28    Amend the title accordingly