A person who was an active member of a fire department covered by either the lump-sum retirement division or the monthly benefit retirement division of the retirement plan who has separated from active firefighting service for at least 30 days and who has completed at least five years of service credit, but has not attained the age of 50 years, is entitled to a deferred service pension on or after attaining the age of 50 years and applying in a manner specified by the executive director for the service pension. The service pension payable is the nonforfeitable percentage of the service pension under section 353G.09, subdivision 2, and is payable without any interest on or increase in the service pension over the period of deferral.
2009 c 169 art 9 s 19; 2015 c 68 art 8 s 19; 2022 c 65 art 4 s 25
Structure Minnesota Statutes
Chapters 352 - 356B — Retirement
Chapter 353G — Volunteer Firefighters; Retirement
Section 353G.01 — Definitions.
Section 353G.02 — Plan And Fund Creation.
Section 353G.03 — Statewide Volunteer Firefighter Plan Advisory Board.
Section 353G.04 — Information From Municipalities And Fire Departments.
Section 353G.05 — Plan Coverage Election.
Section 353G.07 — Certification Of Service Credit.
Section 353G.08 — Retirement Plan Funding; Disbursements.
Section 353G.09 — Retirement Benefit Eligibility.
Section 353G.10 — Deferred Service Pension Amount.
Section 353G.11 — Lump-sum Retirement Division Service Pension Levels.
Section 353G.112 — Monthly Benefit Retirement Division Service Pension Levels.
Section 353G.115 — Disability Benefit Coverage; Authority For Casualty Insurance.
Section 353G.12 — Survivor Benefit.
Section 353G.13 — Lump-sum Retirement Division; Portability.
Section 353G.14 — Purchase Of Annuity Contracts.
Section 353G.16 — Exemption From Process.
Section 353G.17 — Transfer Authorized.
Section 353G.18 — Termination Of Participation And Distribution Of Benefits.