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.
* NOTE: Subdivision 4, clauses (1), (5), and (7), are *effective subject to local approval requirements and other *conditions. See Laws 2003, First Special Session chapter 12, *article 5, section 2, and Laws 2004, chapter 267, article 12, *section 4.
* NOTE: (a) The amendment to subdivision 4, clause (1), by *Laws 2005, First Special Session chapter 8, article 6, section *1, is effective the later of:
* (1) the day after the governing body of the city of Ada and *its chief clerical officer timely complete their compliance with *section 645.021, subdivisions 2 and 3; and
* (2) the first day of the month next following certification *to the governing body of the city of Ada 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 Bridges Medical *Services employees under subdivision 4, clause (1), does not *exceed the actuarial gain otherwise to be accrued by the Public *Employees Retirement Association, as calculated by the *consulting actuary retained under Minnesota Statutes, section *356.214.
* NOTE: The amendment to subdivision 4, clause (4), by Laws *2005, First Special Session chapter 8, article 6, section 1, is *effective the later of:
* (1) the day after the governing body of the city of *Hutchinson and its chief clerical officer timely complete their *compliance with section 645.021, subdivisions 2 and 3; and
* (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, clause (4), does not exceed *the actuarial gain otherwise to be accrued by the Public *Employees Retirement Association, as calculated by the *consulting actuary retained by the Legislative Commission on *Pensions and Retirement.
* NOTE: The amendment to subdivision 4, clause (7), by Laws *2005, First Special Session chapter 8, article 6, section 1, is *effective upon the later of:
* (1) the day after the governing body of the city of *Northfield and its chief clerical officer timely complete their *compliance with section 645.021, subdivisions 2 and 3; and
* (2) the first day of the month next following certification *to the governing body of the city of Northfield 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 Northfield Hospital *employees under subdivision 4, clause (7), does not exceed the *actuarial gain otherwise to be accrued by the Public Employees *Retirement Association, as calculated by the consulting actuary *retained by the Legislative Commission on Pensions and *Retirement.
* Laws 2005, First Special Session chapter 8, article 6, *section 4.