Loading chat...
MN HF870
Bill
Status
2/25/2013
Primary Sponsor
Phyllis Kahn
Click for details
AI Summary
-
Replaces the $46,000 salary cap with a two-thirds full-time employment basis limit for retired faculty members who return to work in the Minnesota State Colleges and Universities system.
-
Applies to faculty members and unclassified administrators with at least ten years of service credit who retire and return to work on one-third to two-thirds time basis.
-
Modifies annuity reduction provisions to apply only to income earned in excess of two-thirds full-time employment, rather than income over $46,000.
-
Extends the same retire-to-work provisions to technical college faculty members drawing annuities from first class city teachers retirement associations.
-
Effective date: July 1, 2013.
Legislative Description
Minnesota State Colleges and University system faculty member maximum increased for annuitant retire-to-work provision.
Last Action
Introduction and first reading, referred to Government Operations
2/25/2013