Chapter 352D — Establishment

352D.01 Establishment Establishes the Minnesota Unclassified Employees Retirement Program within the Minnesota State Retirement System (MSRS) … 352D.015 Definitions Defines key terms used in the unclassified employees retirement program, including participant, shares, cash value, and … 352D.02 Coverage Lists the specific categories of unclassified state employees who participate in this retirement program, including … 352D.03 Transfer of Assets When an employee joins the unclassified program, their prior employee and employer contributions plus six percent annual … 352D.04 Investment Options This section on investment options has been repealed by Laws 2014, chapter 296, article 13, section 28. 352D.05 Withdrawal Options Participants cannot withdraw their retirement fund shares while still employed in a covered position. Upon leaving … 352D.06 Annuities When a participant reaches age 55 and leaves covered employment, they can convert their share value into a monthly … 352D.065 Disability Benefits This section on disability benefits has been repealed by Laws 1975, chapter 368, section 51. 352D.07 This section has been repealed by Laws 1973, chapter 624, section 13. 352D.075 Death Benefits This section on death benefits has been repealed by Laws 1975, chapter 368, section 51. 352D.08 This section has been repealed by Laws 1973, chapter 624, section 13. 352D.085 Combined Service Time spent in the unclassified program can count toward qualifying for benefits in other state retirement plans (MSRS, … 352D.09 Administration The Minnesota State Retirement System administers the unclassified employees retirement plan. The general rules of … 352D.10 This section has been repealed by Laws 1981, chapter 224, section 276. 352D.11 Purchase of Prior Service Credit Qualified permanent legislative employees can purchase service credit for prior legislative service that was not … 352D.12 Transfer of Prior Service Contributions Participants with prior service credit in other Minnesota public retirement plans (MSRS, PERA, TRA, etc.) can transfer …