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MN HF1828
Bill
Status
3/3/2025
Primary Sponsor
Ethan Cha
Click for details
AI Summary
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Extends the deadline for firefighters relief associations to submit financial statements to the state auditor from March 31 to June 30 after fiscal year close, effective January 1, 2026
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Removes the age 50 minimum requirement for defined contribution service pension eligibility, allowing members to receive pensions upon submitting a valid written application after meeting service requirements
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Requires relief associations to permit direct rollovers of eligible distributions to retirement accounts under section 356.633, expanding rollover options for members, surviving spouses, and other distributees
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Removes member contributions from the calculation of minimum municipal obligations for relief association special funds, shifting more financial responsibility to municipalities
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Repeals the separate provision allowing transfers to Minnesota deferred compensation plans, consolidating rollover provisions under the broader direct rollover requirements
Legislative Description
State auditor's fire relief association working group recommendations implemented.
Last Action
Authors added Virnig and Perryman
3/5/2025