1.1                                         A bill for an act
1.2      relating to retirement; Public Employees Retirement Association general plan; 
1.3      authorizing a post-June 30, 1989, hiree to access rule-of-90 provisions based on 
1.4      1983-1985 military service; requiring additional full actuarial value payment.
1.5      BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6          Section 1. EXTENSION OF RULE OF 90 ELIGIBILITY; ADDITIONAL 
1.7      SERVICE CREDIT PURCHASE IN PERA-GENERAL.
1.8      (a) An eligible person under paragraph (b), upon making the payment required under 
1.9      paragraph (c), shall be treated as a person who commenced employment covered by the 
1.10     Public Employees Retirement Association general plan prior to July 1, 1989, for purposes 
1.11     of qualifying for eligibility under Minnesota Statutes, section 353.30, subdivisions 1, 1a, 
1.12     1b, and 1c, notwithstanding the person's actual first date of Public Employees Retirement 
1.13     Association general plan coverage.
1.14     (b) An eligible person is an person who:
1.15     (1) was born on November 25, 1964;
1.16     (2) provided service in the United States Army from October 1983 until October 
1.17     1985, when he was honorably discharged;
1.18     (3) first became a Public Employees Retirement Association general plan covered 
1.19     employee after being hired by Independent School District No. 279, Osseo, on June 
1.20     2, 1990;
1.21     (4) is a current active member of the Public Employees Retirement Association 
1.22     general plan due to employment as the director of buildings and grounds for Independent 
1.23     School District No. 877, Buffalo; and
2.1      (5) purchased service credit for all or part of the period of military service specified 
2.2      in clause (2) under Minnesota Statutes, section 353.01, subdivision 16a.
2.3      (c) To receive the treatment specified in paragraph (a), an eligible person shall 
2.4      make an additional lump sum payment amount determined under Minnesota Statutes, 
2.5      section 356.551, to cover the additional liability to the Public Employees Retirement 
2.6      Association general plan imposed by providing the eligible person access to eligibility 
2.7      under Minnesota Statutes, section 353.30, subdivisions 1, 1a, 1b, and 1c. If the earlier 
2.8      service credit purchase under paragraph (b), clause (5), did not include the entire period 
2.9      of military service, the purchase under this paragraph must include a purchase of the 
2.10     remainder of this period.
2.11     (d) An eligible person shall provide the executive director of the Public Employees 
2.12     Retirement Association with any relevant requested documentation.
2.13     (e) This provision expires upon termination of employment covered by the Public 
2.14     Employees Retirement Association general plan, or July 1, 2007, whichever is earlier.

2.15         Sec. 2. EFFECTIVE DATE.
2.16     Section 2 is effective the day following final enactment.