Minnesota Statutes Retirement (Ch. 352-356B) § 353D.03. Funding of plan

Subdivision 1. Contributions for eligible participants. (a) The following classes of eligible participants who elect to participate in the public employees defined contribution plan undersection 353D.02shall contribute an amount equal to five percent of salary as defined insection 353.01, subdivision 10:

(b) A participant's governmental subdivision shall contribute a matching amount.

Subd. 3. Ambulance service, rescue squad personnel contribution. (a) A public ambulance service that elects to participate in the plan shall fund benefits for its qualified personnel who individually elect to participate.

(b) Personnel who are paid for their services may elect to make member contributions in an amount not to exceed the service's contribution on their behalf.

(c) Ambulance service contributions on behalf of salaried employees must be a fixed percentage of salary.

(d) An ambulance service making contributions for volunteer or largely uncompensated personnel, or a municipality or county making contributions on behalf of rescue squad members who are volunteers or largely uncompensated personnel, may assign a unit value for each call or each period of alert duty for the purpose of calculating ambulance service or rescue squad service contributions, as applicable.

Subd. 6. Volunteer firefighters. (a) Unless paragraph (b) applies, a volunteer or emergency on-call firefighter who elects to participate in the plan shall contribute at least 7.5 percent of any compensation received for firefighting services.

(b) If the municipality or the independent nonprofit firefighting corporation ratified the election of plan coverage undersection 353D.02, subdivision 6, the volunteer firefighter and the employing unit shall contribute in total an amount equal at least to 7.5 percent of any compensation received for firefighting services.