Minnesota Statutes Retirement (Ch. 352-356B) § 353F.02. Definitions

Subdivision 1. Generally. As used in this chapter, unless the context clearly indicates otherwise, each of the terms in the following subdivisions has the meaning indicated.

Subd. 2. Allowable service. “Allowable service” has the meaning provided in section 353.01, subdivision 16, of the edition of Minnesota Statutes published in the year before the year in which the privatization occurred.

Subd. 3. Effective date of privatization. “Effective date of privatization” means the date that the operation of a medical facility is assumed by another employer or the date that a medical facility is purchased by another employer and active membership in the Public Employees Retirement Association consequently terminates.

Subd. 3a. Executive director. “Executive director” means the executive director of the Public Employees Retirement Association.

Subd. 4. Repealed byLaws 2013, c. 111, art. 3, § 31, par. (a), eff. May 24, 2013.

Subd. 4a. Medical facility. “Medical facility” means a facility that has the primary purpose of providing medical care and that satisfies the definition of governmental subdivision undersection 353.01, subdivision 6.

Subd. 4b. Privatization. “Privatization” means a medical facility that privatizes when the facility ceases to be a governmental subdivision for any reason other than that the medical facility closes or permanently ceases to operate.

Subd. 5. Repealed byLaws 2013, c. 111, art. 3, § 31, par. (a), eff. May 24, 2013.

Subd. 5a. Privatized former public employer. “Privatized former public employer” means a medical facility that was included in the definition of governmental subdivision undersection 353.01, subdivision 6, on the day before the effective date of privatization that is privatized and whose employees are certified for participation under this chapter.

Subd. 7. Years of allowable service. “Years of allowable service” means the total number of years of allowable service under section 353.01, subdivision 18, of the edition of Minnesota Statutes published in the year before the year in which the privatization occurred.