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MN HF2427
Bill
Status
2/27/2014
Primary Sponsor
Joe Atkins
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AI Summary
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Amends Minnesota Statutes section 423A.022, subdivision 2 to clarify state aid allocation for police and firefighter retirement plans
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Maintains existing allocation percentages: 58.065% to Public Employees Retirement Association for police and fire retirement fund, 35.484% to municipalities for fire departments, and 6.452% to Minnesota State Retirement System for state patrol retirement fund
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Expands definition of "municipalities" to include independent nonprofit firefighting corporations with subsidiary volunteer firefighter relief associations operating under chapter 424A
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Allows independent nonprofit firefighting corporations to qualify for and receive supplemental state aid for retirement purposes on the same basis as traditional municipalities
Legislative Description
Firefighter retirement; independent nonprofit firefighting corporations state aid eligibility clarified.
Last Action
Introduction and first reading, referred to Government Operations
2/27/2014