1.1       .................... moves to amend H. F. No. 2847, the second engrossment, as follows:
1.2      Page 18, line 6, delete everything after the comma
1.3      Page 18, line 7, delete everything before ”and”
1.4      Page 22, line 7, delete ”2007” and insert ”2006”
1.5      Page 22, line 8, delete ”effect a transfer of” and insert ”transfer”
1.6      Page 22, line 11, delete everything after the period
1.7      Page 22, delete lines 12 to 13 
1.8      Page 22, delete lines 29 to 32
1.9      Page 22, line 33, delete ”Fund Association” and insert: 
1.10     ”(b) As of June 30, 2006, assets of the special retirement fund of the Minneapolis 
1.11     Teachers Retirement Fund Association are assets of the Teachers Retirement Association 
1.12     to be invested by the State Board of Investment pursuant to the provisions of section 
1.13     354.07, subdivision 4.”
1.14     Page 24, delete subdivision 7 and insert:
1.15         ”Subd. 7. Termination of Minneapolis Teachers Retirement Fund Association 
1.16     special retirement fund. (a) As of June 30, 2006, the Minneapolis Teachers Retirement 
1.17     Fund Association ceases to exist.
1.18     (b) Contracts, records, and obligations of the Minneapolis Teachers Retirement 
1.19     Fund Association special retirement fund existing at the time of consolidation with the 
1.20     Teachers Retirement Association are transferred to the Teachers Retirement Association 
1.21     pursuant to the provisions of section 15.039, subdivisions 5 and 5a, except that contracts, 
1.22     records, and obligations of the Minneapolis Teachers Retirement Fund Association special 
1.23     retirement fund related to investment and safekeeping of assets are transferred to the State 
1.24     Board of Investment pursuant to the provisions of section 15.039, subdivisions 5 and 5a. 
1.25     The State Board of Investment has the authority to pay the investment-related liabilities 
2.1      and obligations from the assets transferred from the Minnesota Teachers Retirement 
2.2      Fund Association incurred by the Teachers Retirement Association. Between the date 
2.3      of enactment of this section and June 30, 2006, the Minneapolis Teachers Retirement 
2.4      Fund Association cannot incur an enforceable contractual liability or obligation without 
2.5      approval of the Teachers Retirement Association.”
2.6      Page 57, delete lines 2 to 6
2.7      Page 57, line 7, delete ”(b)” and insert ”(a)”
2.8      Page 57, line 8, delete ”and remained so employed on”
2.9      Page 57, line 9, delete ”June 30, 2007,”
2.10     Page 57, line 10, delete ”as of July 1, 2007” and insert ”until at least January 1, 2007”
2.11     Page 57, line 12, after the period insert ”For purposes of the Minneapolis Teachers 
2.12     Retirement Association Personnel handbook, the "last day of employment" for these 
2.13     employees shall mean their last day of employment with the Teachers Retirement 
2.14     Association.”
2.15     Page 57, line 31, before the period, insert ”, except that section 9, subdivision 7 is 
2.16     effective the day following final enactment”