MN HF2790

Authorizes current and former employees of the City of Duluth and Duluth Airport Authority employed between August 1, 2007, and December 31, 2011, to purchase salary credit in the Public Employees Retirement Association (PERA) general employees or police and fire retirement plans by paying employee contribution equivalent amounts.

Eligible persons must have received employer-paid salary-supplement payments deposited in deferred compensation accounts that were not previously counted as salary for pension purposes due to an erroneous application of law by PERA.

Requires the employer to make corresponding employer contributions plus supplemental and additional contributions within 30 days of notification, with no interest if paid timely; interest applies to late payments.

Upon receipt of employee contributions, PERA must revise records, grant additional salary credit, and retroactively adjust any retirement, disability, or survivor annuity benefits to the initial benefit payment date.

Allows only surviving spouses of eligible persons who were deferred annuitants, receiving joint and survivor annuities, or receiving survivor benefits to also claim eligible person status; payment authorization expires 180 days after local approval from the employing unit.