Minn. Stat. § 353F.02
Subd. 1. Generally.
As used in this chapter, unless the context clearly indicates otherwise, each of the terms in the following subdivisions has the meaning indicated.
Subd. 2. Allowable service.
"Allowable service" has the meaning provided in section 353.01, subdivision 16, of the edition of Minnesota Statutes published in the year before the year in which the privatization occurred.
Subd. 3. Effective date.
"Effective date" means the date that the operation of the medical facility or other public employing unit is assumed by another employer or the date that the medical facility or other public employing unit is purchased by another employer and active membership in the Public Employees Retirement Association consequently terminates.
Subd. 4. Medical facility.
"Medical facility" means:
Subd. 5. Other public employing unit.
"Other public employing unit" means:
Subd. 6. Terminated medical facility or other public employing unit employee.
"Terminated medical facility or other public employing unit employee" means a person who:
Subd. 7. Years of allowable service.
"Years of allowable service" means the total number of years of allowable service under section 353.01, subdivision 18, of the edition of Minnesota Statutes published in the year before the year in which the privatization occurred.
(2) the first day of the month following certification to Clearwater County by the executive director of the Public Employees Retirement Association that the actuarial accrued liability of the special benefit coverage proposed for extension to the privatized Clearwater Health Services employees under Laws 2006, chapter 271, article 5, section 2, does not exceed the actuarial gain otherwise to be accrued by the Public Employees Retirement Association, as calculated by the consulting actuary retained under section 356.214. The cost of the actuarial calculations must be borne by the current employer or by the entity which is the employer following the privatization. Laws 2006, chapter 271, article 5, section 5. NOTE: Subdivision 4 with respect to the Dassel Lakeside Community Home is effective upon the latter of:
(2) the first day of the month next following certification to Dassel City Council by the executive director of the Public Employees Retirement Association that the actuarial accrued liability of the special benefit coverage proposed for extension to the privatized Dassel Lakeside Community Home employees under Laws 2006, chapter 271, article 5, section 2, does not exceed the actuarial gain otherwise to be accrued by the Public Employees Retirement Association, as calculated by the consulting actuary retained under section 356.214. The cost of the actuarial calculations must be borne by the city of Dassel or by the entity which is the employer following the privatization. Laws 2006, chapter 271, article 5, section 5. NOTE: Subdivision 4 relating to the Hutchinson Area Health Care is effective upon the later of:
(2) the first day of the month next following certification to the governing body of the city of Hutchinson by the executive director of the Public Employees Retirement Association that the actuarial accrued liability of the special benefit coverage proposed for extension to the privatized Hutchinson Area Health Care employees under subdivision 4 does not exceed the actuarial gain otherwise to be accrued by the Public Employees Retirement Association, as calculated by the consulting actuary retained under section 356.214. Laws 2005, First Special Session chapter 8, article 6, section 4, as amended by Laws 2006, chapter 271, article 5, section 4. NOTE: Subdivision 4 relating to the Northfield Hospital is effective upon the later of: