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MN HF1339
Bill
Status
2/24/2025
Primary Sponsor
Aaron Repinski
Click for details
AI Summary
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Sets "retirement age" at 55 years for the public employees police and fire retirement plan, allowing members to receive full retirement annuities without reduction or suspension upon reaching that age
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Permits police and fire plan members age 55 or older who are partially or fully vested to begin receiving normal retirement annuities without separating from public service
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Prohibits the retirement association from suspending annuity payments based on reemployment income once an annuitant reaches retirement age
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Stops both employee and employer contributions to the retirement plan once a member begins collecting an annuity while continuing to work
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Effective date: January 1, 2026
Legislative Description
Public employees police and fire retirement plan; payment of a normal retirement annuity without reduction or suspension upon employment or reemployment on or after 55 years of age permitted.
Last Action
Author added Warwas
4/21/2025