MN SF4499

Allows retired police and fire pension plan members to return to work in covered positions without having their retirement annuity reduced or suspended, starting as early as 31 days after separation from service

Exempts the public employees police and fire retirement plan from salary maximum restrictions that apply to other PERA retirement plans regarding reemployment

Prohibits annuity amounts from increasing or decreasing during the reemployment period, and bars both the retiree and employer from making additional pension contributions during this time

Requires repayment of annuity payments if a member returns to work before the 31-day waiting period, though the executive director may waive this requirement for inadvertent violations

Effective the day following final enactment