Title Minnesota Statutes, Minnesota Statutes

353G.05 PLAN COVERAGE ELECTION. § Subdivision 1.Entities eligible to request coverage. A relief association, municipality, or firefighting corporation may elect to have its volunteer firefighters covered by the retirement plan. § Subd. 1a.Requesting coverage. (a) An entity that i…

353G.06 DISESTABLISHMENT OF PRIOR FIREFIGHTERS RELIEF ASSOCIATION SPECIAL FUND UPON RETIREMENT COVERAGE CHANGE. § Subdivision 1.Special fund disestablishment. On the December 31 immediately prior to the effective date of the coverage change, the special fund of the applicable fir…

353G.07 SERVICE CREDIT FOR PENSION BENEFIT ACCRUAL OR CONTRIBUTION ALLOCATION. (a) Annually, by March 31, the fire chief of a fire department with volunteer firefighters who are active members of the retirement plan must certify to the executive director the service credit for th…

353G.075 SERVICE CREDIT FOR VESTING. (a) Annually, the executive director must credit each volunteer firefighter with a year of service credit for vesting for each year of service credited for benefit accrual or contribution allocation under section 353G.07. (b) A volunteer firef…

353G.08 PLAN FUNDING; DISBURSEMENTS. § Subdivision 1.Biennial funding reports; lump-sum division. (a) The executive director must determine the funding requirements for each fire department account in the lump-sum division on or before August 1 every other year. The funding requi…

353G.082 FUNDING OF FIRE DEPARTMENT ACCOUNTS AND ANNUAL ALLOCATION TO INDIVIDUAL ACCOUNTS IN DEFINED CONTRIBUTION PLAN. § Subdivision 1.Fire department accounts and individual accounts established. (a) The executive director must establish a fire department account for each parti…

353G.085 AUTHORIZED DISBURSEMENTS. The assets of the retirement fund may be disbursed only as a distribution of lump-sum retirement benefits, monthly retirement benefits, or individual accounts or for: (1) administrative expenses of the retirement plan; (2) investment expenses of…

353G.09 RETIREMENT BENEFIT ELIGIBILITY. § Subdivision 1.Entitlement. (a) A member is entitled to a retirement benefit as defined in subdivision 1a from the fire department's account in the plan if the member: (1) has separated from service with the fire department for at least 30…

353G.10 LEAVING FIREFIGHTING SERVICE BEFORE REACHING NORMAL RETIREMENT AGE. § Subdivision 1.Entitlement to a retirement benefit, to the extent vested. If a volunteer firefighter separates from active firefighting service before reaching normal retirement age, the volunteer firefi…

353G.11 LUMP-SUM DIVISION SERVICE PENSION LEVELS. § Subdivision 1. MS 2023 Supp [Repealed, 2024 c 102 art 3 s 46] § Subd. 1a. MS 2023 Supp [Repealed, 2024 c 102 art 3 s 46] § Subd. 1b.Applicable benefit level. (a) In determining a member's retirement benefit under section 353G.09…

353G.114 ANCILLARY BENEFITS AND SUPPLEMENTAL BENEFITS. (a) Except as provided under paragraph (b) and sections 353G.115 and 353G.12, no disability, death, funeral, or other ancillary benefit beyond a retirement benefit is payable from the lump-sum division of the defined benefit …

353G.115 DISABILITY BENEFIT COVERAGE; AUTHORITY FOR DISABILITY INSURANCE. (a) Except as provided in paragraph (b), no disability benefit is payable from the retirement plan. (b) The disability benefit coverage for a fire department in the monthly division is the disability servic…

353G.12 SURVIVOR BENEFIT. § Subdivision 1.Entitlement. (a) A survivor of a deceased active member of the plan or a deceased deferred member of the plan, upon application as prescribed by the executive director, is entitled to receive a survivor benefit. (b) A survivor is the spou…

353G.14 DISTRIBUTIONS. § Subdivision 1.Lump sum. The executive director must distribute the retirement benefit under section 353G.09, subdivision 1a, of a member of the lump-sum division of the defined benefit plan or the defined contribution plan in the form of a single lump-sum…

353G.16 EXEMPTION FROM PROCESS. The provisions of section 356.401 apply to the statewide volunteer firefighter plan. History: 2009 c 169 art 9 s 25; 2015 c 68 art 8 s 29; 2020 c 108 art 7 s 9

353G.17 TRANSFER AUTHORIZED. § Subdivision 1.Entity to initiate transfer. (a) An entity operating a fire department with firefighters who are covered by the plan may initiate the transfer of records, assets, and liabilities related to the firefighters' lump-sum or monthly benefit…

353G.18 TERMINATION OF PARTICIPATION AND DISTRIBUTION OF BENEFITS. § Subdivision 1.Application. This section provides the procedures that apply if an entity wishes to terminate its participation in the plan and authorize the distribution of all assets credited to the entity's acc…

353G.19 CONVERSION TO DEFINED CONTRIBUTION PLAN. § Subdivision 1.Authority to initiate conversion. (a) A participating employer associated with a fire department covered by the defined benefit plan, including an entity previously affiliated with a defined benefit relief associati…