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MN HF2597
Bill
Status
3/3/2014
Primary Sponsor
Mary Murphy
Click for details
AI Summary
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Amends amortization state aid reallocation by correcting a reference from "subdivision 1a" to "subdivision 1" for determining undistributed aid amounts.
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Adjusts supplemental state aid allocation percentages: Public Employees Retirement Association receives 58.064 percent (changed from 58.065 percent) for the police and fire retirement fund.
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Removes definitions section from reporting requirements, eliminating detailed criteria for counting firefighters with public employees police and fire retirement plan coverage and certified police officers.
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Requires Public Employees Retirement Association to report annually by September 1 on municipalities employing covered firefighters, number of firefighters covered, volunteer firefighter retirement plan participation, and other requested information.
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Makes technical changes effective retroactively from July 1, 2013, with reporting amendments effective the day following final enactment.
Legislative Description
Retirement; amortization state aid and supplemental state aid technical changes made.
Last Action
Introduction and first reading, referred to Government Operations
3/3/2014