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MN HF708
MN HF708Public employee retirement association board of trustees member addition provided.
summary
Introduced
02/13/2025
02/13/2025
In Committee
02/13/2025
02/13/2025
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to retirement; Public Employees Retirement Association; adding a member to the board of trustees who is a member of the local government correctional service retirement plan; amending Minnesota Statutes 2024, section 353.03, subdivision 1.
AI Summary
This bill amends the Minnesota Public Employees Retirement Association (PERA) board of trustees composition by increasing the total number of board members from 11 to 12. Specifically, the bill adds a new trustee who must be a member of the local government correctional service retirement plan, expanding the board's elected membership from five to six trustees. The bill maintains the existing process for board member selection, which includes five trustees appointed by the governor (representing school boards, cities, counties, retired annuitants, and a public member with pension expertise) and the state auditor (who may designate a deputy auditor). The election procedures remain largely unchanged, including the requirement for candidates to file nominating petitions, the distribution of election materials, and campaign finance reporting requirements. Candidates must still be public employees and members of the association, with specific representation from different plan types. The bill aims to provide more direct representation for local government correctional service plan members on the PERA board and will take effect the day following final enactment.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Introduction and first reading, referred to State Government Finance and Policy (on 02/13/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0708&ssn=0&y=2025 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=HF708&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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