Subdivision 1. Administrative provisions. The provisions of the articles of incorporation and bylaws of the St. Paul Teachers Retirement Fund Association relating to the administration of the fund shall govern the administration of the coordinated and basic programs where the administrative provisions are not inconsistent with sections 354A.31 to 354A.41, including but not limited to provisions relating to the composition and function of the board of trustees, the investment of assets of the St. Paul Teachers Retirement Fund Association, and the definition of the plan year. The administrative provisions in the articles of incorporation and the bylaws of the Minneapolis Teachers Retirement Fund Association pertaining to the granting of pension benefits of the basic and coordinated programs are no longer in effect after June 30, 2006, and the administrative provisions of the Duluth Teachers Retirement Fund Association pertaining to retirement benefits of the old law coordinated program are no longer in effect after June 30, 2015.
Subd. 2. Actuarial valuations. In any actuarial valuation of the St. Paul Teachers Retirement Fund Association under section 356.215 prepared by the actuary retained under section 356.214 or supplemental actuarial valuation prepared by an approved actuary retained by the St. Paul Teachers Retirement Fund Association, there must be included a finding of the condition of the fund showing separately the basic and coordinated programs. The finding must include the level normal cost and the applicable employee and employer contribution rates for each program.
1979 c 217 s 26; 1981 c 269 s 8; 1Sp1985 c 7 s 35; 1987 c 259 s 51; 2006 c 271 art 3 s 47; 2006 c 277 art 3 s 30; 2014 c 296 art 6 s 29,49
Structure Minnesota Statutes
Chapters 352 - 356B — Retirement
Chapter 354A — Teachers Retirement, St. Paul
Section 354A.011 — Definitions.
Section 354A.021 — Teachers Retirement Fund Association In St. Paul.
Section 354A.05 — Membership In A Teachers Retirement Association In St. Paul.
Section 354A.08 — Authorized Investments.
Section 354A.09 — Pro Rata Distribution Of Funds.
Section 354A.091 — Teachers On Extended Leave.
Section 354A.092 — Sabbatical Leave.
Section 354A.093 — Break In Service To Provide Uniformed Service.
Section 354A.094 — Qualified Part-time Teachers; Participation In Fund.
Section 354A.095 — Parental And Maternity Leave.
Section 354A.096 — Medical Leave.
Section 354A.0961 — Service Credit Purchase For Teaching Service In Other States.
Section 354A.11 — Certain Money And Credits Of Teachers Exempt.
Section 354A.12 — Contributions By Employee And Employer.
Section 354A.21 — Proportionate Annuity.
Section 354A.23 — St. Paul Teachers Retirement Fund Associations; Basic Programs.
Section 354A.29 — St. Paul Teachers Retirement Fund Association Postretirement Adjustment.
Section 354A.30 — St. Paul Teachers Retirement Fund Association; Coordinated Program.
Section 354A.31 — Coordinated Program Retirement Benefits.
Section 354A.32 — Optional Retirement Annuities.
Section 354A.33 — Social Security Leveling Adjustment Option.
Section 354A.35 — Survivor Benefits.
Section 354A.36 — Permanent Disability Benefits.
Section 354A.37 — Refunds; Deferred Annuity.
Section 354A.38 — Effect Of Refund; Repayment Of Refund.
Section 354A.40 — Computation Of Benefits With Partial Service As Coordinated Member.