(a) Except as provided in paragraph (b) or (c), no disability benefit is payable from the statewide retirement plan.
(b) If the board approves the arrangement, disability coverage for the lump-sum retirement division of the statewide retirement plan members may be provided through a group disability insurance policy obtained from an insurance company licensed to do business in this state. The lump-sum retirement account of the statewide volunteer firefighter plan is authorized to pay the premium for the disability insurance authorized by this paragraph. The proportional amount of the total annual disability insurance premium must be added to the required contribution amount determined under section 353G.08.
(c) The disability benefit coverage for the monthly benefit retirement division is the disability service pension amount specified in the retirement benefit plan document applicable to the fire department, applicable former volunteer firefighter relief association in effect as of the last day before the date on which retirement coverage transferred to the statewide volunteer firefighter plan, subject to all conditions and limitations in the disability service pension specified therein.
2010 c 359 art 6 s 8; 2015 c 68 art 8 s 22; 2020 c 108 art 7 s 9
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.