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MN HF340
Bill
Status
2/4/2013
Primary Sponsor
Mike Nelson
Click for details
AI Summary
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Extends the timeframe for municipal governing bodies to approve or disapprove a transfer to the statewide voluntary lump sum volunteer firefighter retirement plan from 90 days to 120 days after receiving a cost analysis.
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If no action is taken within the 120-day period, the transfer is automatically deemed disapproved.
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Coverage by the statewide plan becomes effective on the next following January 1 if approved by the applicable governing body.
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Amends Minnesota Statutes 2012, section 353G.05, subdivision 2, regarding the election of coverage process for volunteer firefighter retirement plans.
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Effective July 1, 2013.
Legislative Description
Volunteer firefighter retirement plan voluntary statewide lump sum coverage extended for municipal action on the election of transfer to statewide plan.
Last Action
Introduction and first reading, referred to Government Operations
2/4/2013