Section 354.146 Retirement Programs - Minnesota Statutes

354.146 RETIREMENT PROGRAMS.

Subdivision 1.Post June 30, 1972.

Every member who has rendered teaching service or was on an authorized leave of absence after June 30, 1972, is covered by the formula program. The benefit of a former member who does not return to teaching service before retirement shall be determined under the program in effect at the time of termination.

Subd. 2.

[Repealed, 1990 c 570 art 12 s 64]

Subd. 3.Post June 30, 1974.

After June 30, 1974, every new teacher entering teaching service or resuming teaching service after previously accepting a refund shall be covered by the full formula program.

History:

1974 c 289 s 15; 1986 c 444; 1990 c 570 art 12 s 28