SF3630 - Minnesota: Voluntary statewide lump-sum volunteer firefighter retirement plan

ARTICLE 1 - VOLUNTARY STATEWIDE LUMP-SUM VOLUNTEER FIREFIGHTER RETIREMENT PLAN Establishing a voluntary statewide lump-sum volunteer firefighter retirement plan; defining terms; providing coverage for all volunteer firefighters serving in fire departments in municipalities electing to have retirement coverage by the voluntary statewide lump-sum volunteer firefighter retirement plan; specifying election of coverage initiation and effective date of coverage; providing for disestablishment of local relief association special funds and transferring assets to the state board of investment and specifying other relief association changes; requiring the voluntary statewide lump-sum volunteer firefighter retirement plan to be managed and administered by the board of the voluntary statewide lump-sum volunteer firefighter retirement plan; prescribing membership, board duties, fiduciary obligation, attorney general as legal

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