Notwithstanding any provision of chapter 353 to the contrary, privatized former public employees may receive a refund of employee accumulated contributions plus interest as provided in section 353.34, subdivision 2, at any time after the transfer of employment to the privatized former public employer. If a privatized former public employee has received a refund from a pension plan listed in section 356.30, subdivision 3, the person may not repay that refund unless the person again becomes a member of one of those listed plans and complies with section 356.30, subdivision 2.
1999 c 222 art 1 s 7; 2012 c 286 art 7 s 3; 2013 c 111 art 3 s 26; 2018 c 211 art 10 s 20
Structure Minnesota Statutes
Chapters 352 - 356B — Retirement
Chapter 353F — Privatized Public Hospital, Pera Pension Benefits
Section 353F.01 — Purpose And Intent.
Section 353F.02 — Definitions.
Section 353F.03 — Vesting Rule For Certain Employees.
Section 353F.04 — Augmentation Interest Rates For Privatized Former Public Employees.
Section 353F.05 — Authorization For Additional Allowable Service For Early Retirement Purposes.
Section 353F.051 — Continuation Of Disability Coverage.
Section 353F.052 — Application Of Surviving Spouse, Dependent Child Provision.
Section 353F.057 — Termination From Service Requirement.
Section 353F.06 — Application Of Reemployed Annuitant Earnings Limitations.
Section 353F.07 — Effect On Refund.
Section 353F.08 — Counseling Services.
Section 353F.09 — Application To Sales Of Privatized Former Public Employers.