Minn. Stat. § 353G.01
DEFINITIONS.
Redline — January 1, 2023 → current.View current text →
Current — January 1, 2024
As of January 1, 2023
Subdivision 1. Scope.
Subdivision 1. Scope.
For the purposes of this chapter, the words or terms defined in this section have the meanings given to them unless the context of the word or term clearly indicates otherwise.
For the purposes of this chapter, the words or terms defined in this section have the meanings given to them unless the context of the word or term clearly indicates otherwise.
Subd. 2. Advisory board.
Subd. 2. Advisory board.
"Advisory board" means the board established by section 353G.03 .
"Advisory board" means the board established by section 353G.03 .
Subd. 2a. Association.
"Association" means the Public Employees Retirement Association established under chapter 353.
Subd. 3. Board.
Subd. 3. Board.
"Board" means the board of trustees of the Public Employees Retirement Association operating under section 353.03 .
"Board" means the board of trustees of the Public Employees Retirement Association operating under section 353.03 .
Subd. 4. Commissioner of management and budget.
Subd. 4. Commissioner of management and budget.
"Commissioner of management and budget" means the state official appointed and qualified under section 16A.01 .
"Commissioner of management and budget" means the state official appointed and qualified under section 16A.01 .
Subd. 4a. Defined contribution fund.
"Defined contribution fund" means that portion of the fund consisting of the assets attributable to the defined contribution plan.
Subd. 4b. Defined contribution plan.
"Defined contribution plan" means the plan that is one of the two plans that comprise the statewide volunteer firefighter plan. The defined contribution plan provides each member with a retirement benefit equal to the member's individual account balance, to which state aid, contributions, forfeitures, and investment earnings and losses have been credited.
Subd. 4c. Defined benefit fund.
"Defined benefit fund" means that portion of the fund consisting of the assets attributable to the defined benefit plan.
Subd. 4d. Defined benefit plan.
"Defined benefit plan" means the plan that is one of the two plans that comprise the statewide volunteer firefighter plan. The defined benefit plan provides each member with a retirement benefit that is either a lump sum or a monthly pension in an amount determined by using a formula that takes into account years of service, vesting percentage, and the benefit level for the member's fire department. The defined benefit plan consists of the lump-sum division and the monthly division.
Subd. 5. Executive director; director.
Subd. 5. Executive director; director.
"Executive director" or "director" means the person appointed under section 353.03, subdivision 3a .
"Executive director" or "director" means the person appointed under section 353.03, subdivision 3a .
Subd. 5a. Fire department account.
"Fire department account" means the account in the name of each participating employer to which is credited the assets and, in the case of a participating employer in the defined benefit plan, the liabilities related to the retirement benefits for members who are or were providing service to the participating employer.
Subd. 5b. Firefighting corporation.
"Firefighting corporation" means a firefighting corporation that is organized under the provisions of chapter 317A and that operates primarily for firefighting purposes.
Subd. 5c. Forfeiture.
"Forfeiture" means the portion of an account or pension benefit that is forfeited when a volunteer firefighter ends service before becoming 100 percent vested in the account or pension benefit.
Subd. 6. Fund.
Subd. 6. Fund.
"Fund" means the statewide volunteer firefighter fund established under section 353G.02, subdivision 3 .
"Fund" means the statewide volunteer firefighter fund established under section 353G.02, subdivision 3 .
Subd. 6a. Governing body.
Subd. 6a. Governing body.
"Governing body" means the governing body of a municipality or independent nonprofit firefighting corporation or, in the case of a joint powers entity, the governing bodies of the municipalities associated with the joint powers entity.
"Governing body" means the governing body of a municipality or firefighting corporation or, in the case of a joint powers entity, the governing bodies of the municipalities associated with the joint powers entity.
Subd. 6b. Individual account.
"Individual account" means the account in a fire department account in the defined contribution plan established for a member under section 353G.082 to which allocations are credited and from which deductions are taken under section 353G.082 .
Subd. 7.
Subd. 7.
MS 2022 [Repealed, 2023 c 47 art 10 s 10 ]
MS 2022 [Repealed, 2023 c 47 art 10 s 10 ]
[See Note.]
Subd. 7a. Lump-sum account.
Subd. 7a.
"Lump-sum account" means that portion of the retirement fund that contains the assets applicable to the lump-sum division.
MS 2023 Supp [Repealed, 2024 c 102 art 3 s 46 ]
[See Note.]
Subd. 7b. Lump-sum division.
Subd. 7b. Lump-sum division.
"Lump-sum division" means the division of the plan governed by section 353G.11 .
"Lump-sum division" means the division of the defined benefit plan governed by section 353G.11 .
Subd. 8. Member.
Subd. 8. Member.
"Member" means an individual who is or was a volunteer firefighter providing service to a municipality or an independent nonprofit firefighting corporation that has elected coverage by the plan under section 353G.05 , and whose service is covered by the plan.
"Member" means an individual who is or was a volunteer firefighter providing service to a municipality or a firefighting corporation that has elected coverage by the plan under section 353G.05 , and whose service is covered by the plan.
Subd. 8a. Monthly benefit account.
Subd. 8a.
"Monthly benefit account" means that portion of the fund that contains the assets applicable to the monthly benefit division.
MS 2023 Supp [Repealed, 2024 c 102 art 3 s 46 ]
[See Note.]
Subd. 8b. Monthly benefit division.
Subd. 8b. Monthly division.
"Monthly benefit division" means the division of the plan governed by section 353G.112 .
"Monthly division" means the division of the defined benefit plan governed by section 353G.112 .
Subd. 9. Municipality.
Subd. 9. Municipality.
"Municipality" means a governmental entity specified in section 477B.01, subdivision 10 , a city or township that has entered into a contract with an independent nonprofit firefighting corporation, or a city or township that has entered into a contract with a joint powers entity established under section 471.59 .
"Municipality" means a city or township that has established a fire department, a city or township that has entered into a contract with a firefighting corporation, or a city or township that has entered into a contract with a joint powers entity under section 471.59 that has established or operates a fire department.
Subd. 9a. Relief association.
Subd. 9a. Relief association.
"Relief association" means a volunteer firefighter relief association established under chapter 424A, including a volunteer firefighter relief association to which records, assets, and liabilities related to lump-sum or monthly benefits for active and former firefighters will be transferred from the retirement fund upon satisfaction of the requirements of section 353G.17 .
"Relief association" means a relief association as defined under section 424A.001, subdivision 4 .
Subd. 9b. Normal retirement age.
"Normal retirement age" means age 50.
Subd. 9c. Participating employer.
"Participating employer" means the municipality or firefighting corporation that has joined the retirement plan and is associated with a fire department with volunteer firefighters who are covered by the retirement plan.
Subd. 10. Plan.
Subd. 10.
"Plan" means the retirement plan established by this chapter.
MS 2022 [Repealed, 2024 c 102 art 3 s 46 ]
[See Note.]
Subd. 10a. Retirement benefit plan document.
Subd. 10a. Retirement benefit plan document.
"Retirement benefit plan document," for an account in the monthly benefit division, means the articles of incorporation and bylaws of the prior former volunteer firefighter relief association in effect on the day before the date on which the retirement coverage transfer under section 353G.05 occurred or as provided in the most recent modification under section 353G.121 .
"Retirement benefit plan document," for an account in the monthly division, means the articles of incorporation and bylaws of the prior former firefighters relief association in effect on the day before the date on which the retirement coverage transfer under section 353G.05 occurred or as provided in the most recent modification under section 353G.121 .
Subd. 11. Retirement fund.
Subd. 11. Retirement fund.
"Retirement fund" means the statewide volunteer firefighter fund established under section 353G.02 , subdivision 3.
"Retirement fund" means the statewide volunteer firefighter fund established under section 353G.02 , subdivision 3, consisting of the defined contribution fund and the defined benefit fund.
Subd. 12. Retirement plan.
Subd. 12. Retirement plan.
"Retirement plan" means the retirement plan, either the lump-sum division or the monthly benefit division, established by this chapter.
"Retirement plan" or "plan" means the statewide volunteer firefighter plan, consisting of the defined contribution plan and the defined benefit plan, established by this chapter.
Subd. 12a. Service credit.
Subd. 12a. Service credit.
"Service credit" means the period of service rendered by a volunteer firefighter that is certified under section 353G.07 by the fire chief of the fire department in which the volunteer firefighter serves. A volunteer firefighter's service credit equals all periods of service with any fire department covered by the plan.
"Service credit" means the period of service rendered by a volunteer firefighter that is certified under section 353G.07 by the fire chief of the fire department in which the volunteer firefighter serves.
Subd. 13. Standards for actuarial work.
Subd. 13. Standards for actuarial work.
"Standards for actuarial work" means the standards adopted by the Legislative Commission on Pensions and Retirement under section 3.85, subdivision 10 .
"Standards for actuarial work" means the standards adopted by the Legislative Commission on Pensions and Retirement under section 3.85, subdivision 10 .
Subd. 14. State Board of Investment.
Subd. 14. State Board of Investment.
"State Board of Investment" means the board created by article XI, section 8, of the Minnesota Constitution and governed by chapter 11A.
"State Board of Investment" means the board created by article XI, section 8, of the Minnesota Constitution and governed by chapter 11A.
Subd. 14a. Vesting service credit.
Subd. 14a. Vesting service credit.
"Vesting service credit" means service credit plus any earlier period of service rendered as a volunteer firefighter in a fire department in the state that was not covered by the plan at the time the service was rendered. The earlier period of service must be certified by the fire chief of the fire department covered by the plan in a manner similar to the requirements of section 353G.07 . The volunteer firefighter must provide documentation in a form acceptable to the executive director regarding the earlier period of service.
"Vesting service credit" means service credit plus any earlier period of service rendered as a volunteer firefighter, as defined in subdivision 15, in another fire department covered by the plan or in a fire department in the state that was not covered by the plan at the time the service was rendered.
Subd. 15. Volunteer firefighter.
Subd. 15. Volunteer firefighter.
"Volunteer firefighter" means a person who is an active member of the fire department of a municipality or an independent nonprofit firefighting corporation and who, in that capacity, engages in fire suppression activities, provides emergency response services, or delivers fire education or prevention services on an on-call basis.
"Volunteer firefighter" means a person who is a member of the fire department of a municipality or a firefighting corporation and who, in that capacity, on either a volunteer or on-call basis, engages in:
(1) fire suppression or prevention activities;
(2) emergency response services;
(3) emergency medical response activities; or
(4) fire education or supervises personnel engaged in any of the foregoing.
Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.