All Retirement Legislation - Minnesota
SF2266 - Public pension plans joint and survivor annuity benefits mandatory selection requirement
Latest Action: 04/26/2007 - Introduction and first reading Bill Text Relating to retirement; requiring the selection of a joint and survivor annuity benefit under all public pension plans offering joint and survivor optional annuity forms; specifying certain calculation requirements for minimum continuing benefits to a surviving spouse; modifying annuity form information and notice requirements; exempting certain volunteer fire plans applications (je) Comment on Bill SF3054 - State unclassified employees retirement plan modifications
Latest Action: 02/25/2008 - Introduction and first reading Bill Text Making technical changes in the state unclassified employees retirement plan coverage and clarifying transfer of assets from the unclassified to the general plan (rt) Latest Action: 03/08/2007 - Introduction and first reading Bill Text Providing a Minnesota state retirement system (MSRS) and public employees retirement association (PERA) annuitant an annuity back payment (rt) SF0030 - Income tax subtraction for military pension or retirement income
Latest Action: 01/22/2007 - Authors added Wiger; Sparks; Sieben; Senjem Bill Text Providing an income tax subtraction for certain military pension or retirement income (je) SF3548 - Deferred compensation alternative plans and contributions increase
Latest Action: 03/06/2008 - Introduction and first reading Bill Text Relating to retirement; modifying a certain exception to the restriction on governmental entity contributions of public funds by allowing certain governmental employers to offer alternative deferred compensation plans; increasing certain employer contribution limits (je) SF3554 - Blue Earth united hospital district supplemental retirement plan exception
Latest Action: 03/06/2008 - Introduction and first reading Bill Text Allowing an exception to the prohibition on public tax money contribution to supplemental retirement plans (deferred compensation) for united hospital district, Blue Earth under certain conditions (rt) SF2006 - Teacher retirement fund associations in cities of the first class provisions modifications; state and local public retirement programs actuarial services procurement modifications
Latest Action: 03/21/2007 - Introduction and first reading Bill Text Relating to retirement; postretirement earnings offsets to pensions for teacher retirement fund associations (TRA) in cities of the first class; modifying certain provisions on the procurement of actuarial services for state and local public retirement programs; authorizing the legislative commission on pensions and retirement to contract with an actuarial consulting firm for certain audit and review purposes; modifying the definition of current assets; establishing a new amortization (full funding) date for the St. Paul teachers retirement fund association; appropriating money to the legislative commission on pensions and retirement for actuarial consulting firm contracting costs; repealing certain provisions relating to coordinated program retirement benefits resumption of teaching after commencement of a retirement annuity and annuity reductions, to actuarial valuation preparation allocation of actuarial costs, and to [...] show full description SF3444 - Local public pension plan members unlawful actions reporting obligation
Latest Action: 04/01/2008 - Gen Ord: Stricken and re-referred to Judiciary Bill Text Requiring member public employees and officers of local public pension (retirement) plans to report to law enforcement and the state auditor unlawful use of public funds or property (rt) SF1042 - Gang and drug oversight council statewide coordinator law enforcement retirement fund addition
Latest Action: 02/19/2007 - Introduction and first reading Bill Text Adding the gang and drug oversight council statewide coordinator to the law enforcement retirement fund (ra) SF0983 - Revisor's bill
Latest Action: 02/19/2007 - Introduction and first reading Bill Text Revisor's bill ARTICLE 1 - GENERAL PROVISIONS Making miscellaneous technical corrections and removing obsolete and redundant references to statutes and other laws relating to legislative audits, government data practices, criminal justice data, state fair liquor sales, a road name, sewage treatment replacement systems, the legislative commission on waste management, battery management pilot projects, mixed municipal solid waste incinerators, the workforce development council, the national board of medical examiners, limited market value, office of enterprise technology and enterprise technology revolving fund, constables, fiduciaries, the crime victim and witness advisory council, unlicensed mental health practitioners and the office of unlicensed mental health practice, city of Worthington general election date, cigarette and tobacco products tax and liquor excise tax effective dates; providing [...] show full description SF3618 - MnSCU faculty members teachers retirement association coverage election
Latest Action: 03/10/2008 - Introduction and first reading Bill Text Relating to retirement; authorizing certain members of the Minnesota state colleges and universities (MnSCU) system faculty to elect prospective and retroactive retirement coverage by the teachers retirement association (TRA) in place of the higher education individual retirement account plan; specifying election procedure; sunset provision (me) SF3665 - Omnibus tax bill
Latest Action: 03/11/2008 - Introduction and first reading Bill Text Relating to taxation; establishing a data match system for comparison of account information data held by financial institutions with the department of revenue database of debtors (tax debtor matching system), permitting fee charging, providing for noncompliance to information requests, confidentiality, immunity and civil action for unauthorized disclosures by financial institutions, appropriating annually for administrative costs, making conforming amendments; creating the surplus lines association of Minnesota as a nonprofit association, classifying data as public, requiring licensees to submit documents to the surplus lines association; defining targeted rural opportunity community, establishing a regional emerging business investment tax credit for qualifying businesses; abolishing the political contribution refund; making federal tax conforming changes; defining levy year as the year in which levies are certified show full description Latest Action: 02/25/2008 - Author added Moua Bill Text Raising the mandatory retirement age for judges (me) SF1748 - School districts with declining enrollment early retirement incentives for school district employees
Latest Action: 03/12/2007 - Introduction and first reading Bill Text Creating an early retirement incentive for school district employees for school districts with declining enrollment; specifying district eligibility and qualifying employee requirements; authorizing an employee to purchase additional service credit; authorizing the school board to offer a former employee continued employer paid health insurance coverage under certain conditions; authorizing the board to make a payment to qualifying employees; providing for early retirement incentive aid; appropriating money to the commissioner of education for payment of early retirement incentive aid (je) SF2198 - Correctional employees early retirement incentive eligibility
Latest Action: 03/30/2007 - Introduction and first reading Bill Text Providing eligibility for an early retirement incentive for correctional employees under certain conditions (me) SF0161 - Independent school district #2853, Lac qui Parle Valley; licensed employees severance and early retirement benefits levy authority
Latest Action: 01/22/2007 - Introduction and first reading Bill Text Authorizing independent school district #2853, Lac qui Parle Valley to annually levy for a certain period of time for severance and early retirement benefits for licensed employees retiring due to district consolidation, limits (me) SF0033 - Income tax subtraction for military pension or retirement income
Latest Action: 01/08/2007 - Introduction and first reading Bill Text Providing an income tax subtraction for certain military pension or retirement income (me) SF2253 - Public employees group long term care insurance program eligibility expansion
Latest Action: 04/23/2007 - Introduction and first reading Bill Text Expanding eligibility in the public employees group long term care insurance program to local government public employees or retirees (je) Latest Action: 02/08/2007 - Introduction and first reading Bill Text Relating to property taxation; establishing a maximum homestead property tax (cap) program, defining terms, specifying participation qualifications, including age, income and length of residence qualifiers, providing an application procedure, providing for excess income certification procedures by commissioner of revenue; providing for tax calculation, tax rate and levy by county auditor; providing for termination of program participation (rt) SF0160 - Income tax subtraction for military pay, pension or retirement income
Latest Action: 01/25/2007 - Author added Frederickson Bill Text Providing an income tax subtraction for certain military pay, pension or retirement income (me) Latest Action: 03/14/2007 - Introduction and first reading Bill Text Extending eligibility for early retirement incentives to certain eligible employees in the executive or legislative branches of state government, the board of public defense, the Minnesota historical society, the Minnesota state colleges and universities (MnSCU) and school districts (je) SF0040 - Income, franchise and property tax refunds federal conforming provisions
Latest Action: 01/11/2007 - Introduction and first reading Bill Text Relating to taxation; conforming certain income, franchise, and property tax refund provisions for tax year 2006 to the federal teacher expense deduction, tuition subtraction, and other provisions of the Tax Relief and Health Care Act of 2006, the Heroes Earned Retirement Opportunity Act, and the Pension Protection Plan of 2006 (ra) SF2405 - Income tax subtraction for military pension or retirement income
Latest Action: 03/03/2008 - Comm rpt: To pass and re-referred to Taxes Bill Text Providing an income tax subtraction for certain military pension or retirement income (je) SF3654 - Income tax subtraction for military pension or retirement income
Latest Action: 03/11/2008 - Introduction and first reading Bill Text Providing an income tax subtraction for certain military pension or other retirement income from the federal government (je) Latest Action: 03/26/2007 - Introduction and first reading Bill Text Requiring the board of trustees of the Minnesota state colleges and universities (MnSCU) to offer a Roth account option to MnSCU qualified employees (rt) SF2153 - MnSCU unclaimed account procedures for individual retirement account plan and supplemental plan
Latest Action: 03/26/2007 - Introduction and first reading Bill Text Relating to retirement; creating unclaimed account procedures for the MnSCU system individual retirement account plan and supplemental plan; providing for the disposition of abandoned public pension amounts (me) Latest Action: 02/18/2008 - Introduction and first reading Bill Text Relating to education finance; repealing a school district pension subtraction (me) SF0917 - Political subdivisions postemployment retirement benefit trusts
Latest Action: 02/21/2007 - Author added Rest Bill Text Authorizing political subdivisions to establish irrevocable trusts to pay postemployment benefits; providing for withdrawal of funds and the status of the irrevocable trust fund (ra) SF0007 - Pension plan appeal procedures
Latest Action: 01/04/2007 - Introduction and first reading Bill Text Relating to retirement; defining procedures for appealing administrative decisions by chief administrative officers; repealing certain appeal procedures (me) SF0084 - PERA police and fire fund and local government correctional retirement plans disability and survivor benefits modification
Latest Action: 01/16/2007 - Introduction and first reading Bill Text Relating to retirement; defining normal retirement age for the public employees police and fire retirement plan and local government correctional service retirement plan members under the public employees retirement association (PERA), defining occupational disability, normal duties, less frequent duties and early retirement, modifying disability and survivor benefits, specifying chemical dependency limitations (rt) SF0085 - PERA disability benefits eligibility determination modifications
Latest Action: 01/16/2007 - Introduction and first reading Bill Text Relating to retirement; modifying disability benefits determination procedures under the public employees retirement association (PERA) general fund, public employees police and fire fund and local government correctional service retirement plan, authorizing contracts with licensed physicians, requiring independent medical examinations and proof of continuing disability, modifying accrual start time and benefits and trial work period deductions (rt) SF0104 - University of Minnesota former steam plant employees state health insurance program eligibility
Latest Action: 03/12/2007 - Comm rpt: No recommendation, re-ref to Finance Bill Text Expanding eligibility for retired employee coverage at personal expense under the state employee health insurance program to certain former university of Minnesota steam plant employees (je) SF0423 - Correctional state employees retirement plan department of human services employees inclusion
Latest Action: 02/01/2007 - Introduction and first reading Bill Text Relating to retirement; extending Minnesota state retirement system (MSRS) correctional service plan coverage to certain department of human services (DHS) employees (rt) SF0424 - Minneapolis teachers retirement fund association obsolete references correction
Latest Action: 02/01/2007 - Introduction and first reading Bill Text Relating to retirement; correcting obsolete references to the former Minneapolis teachers retirement fund association (rt) SF0425 - Volunteer firefighter relief associations state supplemental aid clarification
Latest Action: 02/01/2007 - Introduction and first reading Bill Text Relating to volunteer firefighter relief associations; clarifying benefit payments to survivors of deceased active or deferred volunteer firefighters (rt) SF0426 - First class city teachers retirement fund associations extended leave of absence program technical amendments; employer contract authority
Latest Action: 02/01/2007 - Introduction and first reading Bill Text Making certain conforming changes to the extended leave of absence program under first class city teachers retirement fund associations (TRA) provisions relating to retirement contributions, certification, allowable service credit and applicability in the event of discharge or layoff, allowing employers to enter into agreements with exclusive bargaining representatives, requiring an eligibility sunset; repealing certain obsolete provisions (rt) SF0427 - Public pension plans proposed legislation submission and review process modification
Latest Action: 02/01/2007 - Introduction and first reading Bill Text Relating to retirement; modifying the proposed public pension plan administrative legislation submission and review process for the Minnesota state retirement system (MSRS), public employees retirement association (PERA), teachers retirement association (TRA), Minneapolis employees retirement fund (MERF), Duluth and St. Paul teachers retirement fund associations and Minnesota state colleges and university system (MnSCU); specifying mandated subjects for revision recommendations and a schedule; modifying supporting documentation requirements (rt) SF0428 - First class city teachers retirement fund associations sabbatical leave service credit provisions update
Latest Action: 02/01/2007 - Introduction and first reading Bill Text Updating certain sabbatical leave service credit provisions under first class city teachers retirement fund associations (TRA); requiring certification; modifying certain member and employer contribution requirements; limiting allowable service credit (rt) SF0429 - Public pension plans salary, average salary and severance payments definition
Latest Action: 02/01/2007 - Introduction and first reading Bill Text Updating and making consistent the definitions of salary, average salary and severance payments under the Minnesota state retirement system (MSRS), state troopers and judges retirement plans, the public employees retirement association (PERA), the teachers retirement associations (TRA) and the Minneapolis employees retirement fund (MERF) for retirement annuity calculation purposes (ra) SF0892 - Political subdivisions postemployment retirement benefit trusts
Latest Action: 03/12/2007 - Comm rpt: To pass as amend & re-ref to Taxes Bill Text 1E Authorizing political subdivisions with an actuarial liability to pay postemployment benefits to create a trust to pay benefits; providing for a trust administrator; specifying account maintenance and investment provisions; providing for a limit on deposit, withdrawal of funds and termination of account and the status of the irrevocable fund; providing for the validation of trusts (rt) SF0920 - State employees retirement program unclassified coverage provisions modification
Latest Action: 02/15/2007 - Introduction and first reading Bill Text Relating to retirement; modifying and clarifying certain coverage requirements under the unclassified state employees retirement program (MSRS) (je) SF1632 - MSRS correctional employees retirement plan and PERA police and fire retirement plan full funding dates establishment
Latest Action: 03/08/2007 - Introduction and first reading Bill Text Relating to retirement; establishing dates for full funding for correctional employees retirement plan under the Minnesota state retirement system (MSRS) and the police and fire retirement plan under the public employees retirement association (PERA) (je) Latest Action: 03/08/2007 - Introduction and first reading Bill Text Modifying public pension plans data classification; defining terms, classifying pension plan medical and substance abuse data as private and allowing data sharing with medical advisers for eligibility determination purposes; repealing a provision relating to data disclosure by statewide pension plans and teachers retirement fund association (TRA) data for the cities of Minneapolis, St. Paul and Duluth (rt) SF1663 - MSRS and state trooper disability benefits provisions modifications
Latest Action: 03/08/2007 - Introduction and first reading Bill Text Relating to retirement; extending the filing deadlines for permanent disability benefits under the Minnesota state retirement system (MSRS); requiring terminated employees to file a written application for disability benefits; reducing the age for the termination of disability benefits; prohibiting the application for disability benefits by state troopers until after the last day physically on the job, providing for accrual, requiring a written application for disability benefits and reducing the age for optional annuity election (je) SF1664 - Correctional employees disability benefits coverage provisions modifications
Latest Action: 03/08/2007 - Introduction and first reading Bill Text Relating to retirement; modifying correctional employees duty disability benefit computation, defining occupational disability for purposes of disability benefits determination, defining normal and less frequent duties, modifying regular disability benefit eligibility, requiring employer payment of present value to qualifying disabled employees, specifying present value determination method, reducing the eligible normal retirement age for disability benefit payment termination, permitting continuation of correctional plan coverage for certain employed disabled employees until a certain age and specifying monthly disability benefits suspension during period of employment (rt) Latest Action: 03/12/2007 - Introduction and first reading Bill Text Extending the state of Minnesota postretirement option eligibility to staff of public employees retirement association (PERA) (me) SF1978 - Public pension fund financial reporting requirements modification
Latest Action: 03/19/2007 - Introduction and first reading Bill Text Relating to retirement; modifying and clarifying public pension fund financial reporting requirements; implementing various generally accepted accounting principle requirements (me) SF2120 - PERA, MSRS and TRA executive directors salary limit modification
Latest Action: 03/23/2007 - Introduction and first reading Bill Text Modifying certain provisions relating to the salary limits for the executive directors of the public employees retirement association (PERA), the Minnesota state retirement system (MSRS) and the teachers retirement association (TRA); eliminating the requirement for the senate to confirm the appointment of the executive director of the PERA (je) SF2286 - Retirement plans omitted salary deductions provisions update and clarification
Latest Action: 05/09/2007 - Introduction and first reading Bill Text Updating and clarifying certain omitted salary deduction provisions under the Minnesota state retirement system (MSRS), the state patrol retirement fund, the public employees retirement association (PERA), the local government correctional service retirement plan, the teachers retirement associations (TRA), the Minneapolis employees retirement fund (MERF) and the judges retirement plan (je) SF2423 - First class city teacher retirement fund associations (TRA) modifications
Latest Action: 02/12/2008 - Introduction and first reading Bill Text Correcting special direct state aid payments to first class city teachers retirement fund associations (TRA); providing for certain retroactivity for direct state aid (rt) Latest Action: 02/14/2008 - Introduction and first reading Bill Text Modifying the Minnesota state retirement system (MSRS) deferred compensation plan; providing for statutory plan establishment, MSRS administration, right to participate in the plan, failure to implement the plan by public employers, plan investments, state board of investment determination of investments, plan administrative expenses, non applicability of other laws, process exemption and missing participants procedures; making certain conforming statutory amendments for public retirement systems generally and Hennepin county employees bargaining units retirement provisions, repealing current statutory language and rules for MSRS deferred compensation (rt) SF2715 - State retirement plans actuarial and financial reporting and actuarial assumptions modifications, amortization target dates reset, alternative amortization contribution calculation
Latest Action: 02/18/2008 - Introduction and first reading Bill Text Relating to retirement; modifying the postretirement adjustment calculation by the state board of investment to determine payment availability and amount for the Minnesota post retirement investment fund; modifying persons responsible for public pension fund annual financial reporting; removing certain financial annual report content requirements; removing the definition of current assets and providing a definition of actuarial value of assets for actuarial valuation purposes; modifying the general and correctional state employees, state patrol, legislators, elective state officers, judges, general public employees, public employees police and fire, local government correctional service and teachers postretirement interest rate assumptions; requiring use of certain salary assumptions and actuarial valuations prior to a certain date; modifying the correctional state employees retirement plan future salary increase assumption;[...] show full description Latest Action: 02/20/2008 - Author added Rummel Bill Text Permitting government employers to offer alternative deferred compensation plans to employees (me) SF2969 - Postretirement investment fund dissolution and other provisions modification
Latest Action: 02/21/2008 - Introduction and first reading Bill Text Relating to retirement ARTICLE 1 - POSTRETIRMENT PROVISIONS Requiring the state board of investment to annually determine a composite funded ratio for state pension assets; modifying the postretirement adjustment calculation; requiring the board to determine fund total fair market value; limiting the postretirement adjustment percentage; specifying procedure to be used in determining Minneapolis employees retirement fund (MERF) increases and not specifying a limit; providing a lost purchasing power increase for the Minnesota postretirement investment fund and specifying conditions; requiring a legislative report under condition of excess assets ARTICLE 2 - MINNESOTA POSTRETIREMENT INVESTMENT FUND DISSOLUTION Providing for Minnesota postretirement investment fund dissolution according to a transition schedule; providing for postretirement adjustments; requiring a legislative report on [...] show full description SF2998 - Public pension plans retirement annuity voluntary membership dues deduction
Latest Action: 02/21/2008 - Introduction and first reading Bill Text Relating to retirement; authorizing certain voluntary deductions from persons entitled to receive an annuity from a public pension fund administered by the Minnesota state retirement system (MSRS), the public employees retirement system (PERA) or the Minneapolis employees retirement system (MERF); restricting liability (je) SF3324 - Miscellaneous PERA, MSRS and TRA retirement provisions modifications
Latest Action: 02/28/2008 - Introduction and first reading Bill Text Relating to retirement ARTICLE 1 - POSTRETIREMENT OPTION REVISION Restricting the state employee postretirement program to conform with federal in-service distribution restrictions ARTICLE 2 - REVISED REEMPLOYMENT ANNUITANT TREATMENT Increasing teachers retirement association (TRA) reemployed annuitant exempt income limit; revising reemployed annuitant account holding period ARTICLE 3 - TEACHER RETIREMENT ASSOCIATION CLARIFICATION OF STRIKE PERIOD PROCEDURE Revising TRA strike period and leave of absence service credit purchase procedures ARTICLE 4 - PUBLIC EMPLOYEES RETIREMENT ASSOCIATION REVISED PRIVATIZATION PROCEDURES Providing for certification and decertification of medical facilities and other public employing units; specifying certain eligibility determination requirements; requiring recommendation report to the legislature under certain show full description SF0031 - Public safety retiree pensions federal tax rules conformance
Latest Action: 01/08/2007 - Introduction and first reading Bill Text Relating to taxation; conforming to federal tax rules for public safety retiree pensions; authorizing public safety retiree insurance withholding under certain conditions (me) Latest Action: 01/25/2007 - Introduction and first reading Bill Text Relating to taxation ARTICLE 1 - GOVERNOR'S INITIATIVES Modifying budget reserve provisions; modifying the calculation of the school operating capital levy; modifying the residential homestead market value credit; modifying the definition of local government unit for levy limit purposes; imposing certain levy limits; excluding compensation and certain pension income for service in the armed forces from the income tax; providing for dairy investment and regional investment income tax credits; increasing maximum homeowner property tax refunds; modifying the income and franchise tax income apportionment formula; providing a direct sales tax exemption for small business and certain other capital equipment purchases including the wood products industry; exempting certain department of transportation (DOT) purchases from the sales tax; exempting certain sales of construction materials for a legal reference [...] show full description SF3532 - Police and firefighters relief associations amortization aid provisions modification
Latest Action: 03/06/2008 - Introduction and first reading Bill Text Relating to retirement; requiring the commissioner of revenue to allocate amortization state aid to the St. Paul teachers retirement fund association, the city of Minneapolis for the police relief association and the firefighters relief association and the city of Duluth for police and firefighters relief associations and for volunteer firefighters relief associations (me) SF0017 - Income, franchise and property tax refunds federal conforming provisions
Latest Action: 01/16/2007 - HF substituted on General Orders HF8 Bill Text 1E Relating to taxation; conforming certain income, franchise, and property tax refund provisions for tax year 2006 to the federal teacher expense deduction, tuition subtraction, and other provisions of the Tax Relief and Health Care Act of 2006, the Heroes Earned Retirement Opportunity Act, and the Pension Protection Plan of 2006 (me) SF1169 - Municipalities bond issuance authority for postemployment benefits to retired officers and employees authorization
Latest Action: 03/12/2007 - Comm rpt: To pass and re-referred to Taxes Bill Text Authorizing municipalities to issue bonds for postemployment benefits to retired officers and employees (ra) SF1357 - Public safety retirees conformance to federal tax regulations
Latest Action: 02/28/2007 - Introduction and first reading Bill Text Conforming state statutes to federal tax regulations for public safety retiree pensions (rt) SF1933 - Public improvements and services financing provisions modifications
Latest Action: 05/16/2007 - Author stricken Ortman Bill Text 1E Relating to public finance; providing terms and conditions relating to the issuance of obligations and the financing of public improvements and services; modifying certain collateral amount requirements for the deposit of local public funds; extending the time for repayment of certain school district certificates or notes for equipment purchases; extending the time for certain publications of a public notice; modifying the definition of subordinate service district and defining special services for towns; modifying certain requirements for the establishment of a subordinate service districts by town boards and specifying certain duties of town boards, authorizing the issuance of bonds and certain covenants to secure obligations for subordinate service districts; modifying county subordinate service districts provisions, authorizing the issuance of bonds and certain covenants to secure obligations for subordinate service show full description SF0430 - Omnibus pension bill.
Latest Action: 05/20/2007 - House conferees Murphy, M.; Smith; Thissen; Kahn; Nelson Bill Text Omnibus pension bill. |
