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Bill > HF2395
MN HF2395
MN HF2395Firefighters relief associations; maximum lump-sum service pension amount increased for each year of service credited.
summary
Introduced
03/17/2025
03/17/2025
In Committee
03/17/2025
03/17/2025
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to retirement; firefighters relief associations; increasing the maximum lump-sum service pension amount for each year of service credited; amending Minnesota Statutes 2024, section 424A.02, subdivision 3.
AI Summary
This bill increases the maximum lump-sum service pension amount for firefighters' relief associations from $15,000 to $20,000 for each year of service credited. Specifically, the bill amends Minnesota Statutes to allow defined benefit relief associations to set a higher maximum lump-sum service pension in their bylaws, up to $20,000 per year of service. This change applies to volunteer firefighters and paid on-call firefighters who are members of these relief associations. The bill maintains existing provisions that require the method of calculating service pensions to be applied uniformly for all years of active service, with some allowances for service credit limitations. The new maximum pension amount can only be implemented if ratified by the municipality, and the change becomes effective the day following final enactment. This modification provides firefighters with potentially higher retirement benefits, recognizing their service and providing increased financial support upon retirement.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Author added Bierman (on 04/02/2025)
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=HF2395&ssn=0&y=2025 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=HF2395&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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