Modifies Minnesota retirement statutes, including the statewide volunteer firefighter plan.

This bill amends various Minnesota statutes related to retirement plans, including the statewide volunteer firefighter plan, the IRAP to TRA transfers, and the public employees defined contribution plan. It makes technical changes, clarifications, and corrections to these statutes, such as modifying benefit levels, adjusting funding requirements, and specifying procedures for plan conversions and terminations. The bill also repeals certain sections and updates definitions to ensure consistency and accuracy in retirement plan administration.

Modifies Minnesota retirement statutes, including the statewide volunteer firefighter plan.

This bill amends various Minnesota statutes related to retirement plans, including the statewide volunteer firefighter plan, the IRAP to TRA transfers, and the public employees defined contribution plan. It makes technical changes, clarifications, and corrections to these statutes, such as modifying benefit levels, adjusting funding requirements, and specifying procedures for plan conversions and terminations. The bill also repeals certain sections and updates definitions to ensure consistency and accuracy in retirement plan administration.