Agenda - Council Work Session - 08/25/2026

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Bill Summary 2026 Pension and Retirement Omnibus Bill (Chapter 106; HF 4074, 3rd Engr.) process for approving duty disability applications, or report the reason for not including a topic in a report. The work group must report its recommendations, with proposed legislation, to the Commission by March 1, 2027, or, if later, the date all members of the Commission have been appointed for the 2027-2028 biennium. Section 3 provides authorization to the Commission executive director to retain experts to assist the work group and, with the approval of the chair, vice chair, or secretary of the Commission, pay for their services with funds in an LCC account established in 2024 to pay for additional actuarial services. Article 13: Special Legislation Source: SF 1213 (Miller)/HF 2117 (Repinski), as amended by 51213-1A HF 4402 (Jordan), as amended by H4402-2A Section 1 is a session law that applies to one individual. Section 1 consists of two subdivisions. • Subdivision 1 ("Definitions") provides definitions for "board of trustees," "TRAP," and "MN State." Subdivision 2 ("Location of IRAP account required") provides a definition of "eligible person" and requires the board of trustees of Minnesota State Colleges and Universities to locate the IRAP account of the eligible person or pay the eligible person $30,000. "Eligible person" is defined as a person who was employed by Winona State University from July 1, 1991, to June 30, 1996, and has copies of pay stubs showing payroll deduction contributions to the IRAP on dates in 1991 through 1993 in specified amounts. Section 1 is effective the day following final enactment. Section 2 is a session law that applies to one individual and the city of Minneapolis. Section 2 consists of one section with six subdivisions and an effective date provision that sets forth requirements for local approval. • Subdivision 1 ("Definitions") provides definitions for "city," "executive director," "fund," and "general plan." • Subdivision 2 ("Authorization"), paragraph (a), states that an eligible person is entitled to: o have the City pay the omitted employee contributions for 2016 to 2018 plus interest, on the eligible person's behalf; and o upon the City making the required payment, receive credit for allowable service in the PERA General Plan for the periods of service described in subdivision 4. Paragraph (b) requires the executive director to credit the eligible person with the service upon receipt of the payments. • Subdivision 3 ("Eligible person") defines "eligible person" by reference to the person's employment start and end date in the City's fleet services division and periods of employment when contributions were not made to the PERA General Plan. • Subdivision 4 ("Periods of uncredited prior service") defines the periods of uncredited prior service that may be purchased. Legislative Commission on Pensions and Retirement Page 20