Minnesota SF2980 modifies Public Employees Retirement Association provisions, clarifying membership rules and correcting errors.
SF2980 amends Minnesota Statutes to modify provisions governing the Public Employees Retirement Association. It clarifies that the monthly salary threshold for required coverage must be stipulated in advance. The bill adds requirements for elected or appointed public officials who wish to elect coverage by the general employees retirement plan. It specifies that membership elections must be made within 60 days of commencing employment or within 60 days of the municipality's or county's election to participate, whichever is later.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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