Minnesota HF3953 modifies the reduction for reemployment earnings taken from disability benefits for public employees who began disability payments.

Minnesota HF3953 amends the public employees police and fire retirement plan by modifying the application of the reduction for reemployment earnings taken from disability benefits. Specifically, it applies to members who began disability payments before July 1, 2023, and either are not required to reapply or have not reached the end of one year or three years when reapplication is required. The bill adjusts the formula for calculating the reduction based on the member's years of service and age at the time of disability. The changes are effective the day following final enactment.

Minnesota HF3953 modifies the reduction for reemployment earnings taken from disability benefits for public employees who began disability payments.

Minnesota HF3953 amends the public employees police and fire retirement plan by modifying the application of the reduction for reemployment earnings taken from disability benefits. Specifically, it applies to members who began disability payments before July 1, 2023, and either are not required to reapply or have not reached the end of one year or three years when reapplication is required. The bill adjusts the formula for calculating the reduction based on the member's years of service and age at the time of disability. The changes are effective the day following final enactment.