LCPR05‑148
1.1 M ............... moves to amend S.F. No. 1557; H.F. No.
1.2 1738, as follows:
1.3 Page 1, after line 7, insert:
1.4 "Section 1. Minnesota Statutes 2004, section 354.42, is
1.5 amended by adding a subdivision to read:
1.6 Subd. 3a. ADDITIONAL MNSCU EMPLOYEE AND EMPLOYER
1.7 CONTRIBUTION. (a) In addition to the contribution required
1.8 under subdivision 2, an employee of the Minnesota State Colleges
1.9 and Universities System who elects Teachers Retirement
1.10 Association coverage more than 90 days after the effective date
1.11 of this act shall pay an additional contribution equal to ...
1.12 percent of salary.
1.13 (b) On behalf of an employee specified in paragraph (a),
1.14 the employer shall pay an additional employer contribution of
1.15 ... percent of salary."
1.16 Page 3, line 13, delete "and 2" and insert "to 3"
1.17 Renumber the sections in sequence
1.18 Amend the title accordingly