For purpose of determining eligibility for early retirement benefits provided under Minnesota Statutes 1994, section 352.116, subdivision 1, paragraphs (a) and (b), and notwithstanding any provision of chapter 352 to the contrary, the years of allowable service for a terminated hospital employee who transfers to employment at Fairview, University of Minnesota Physicians, or University Affiliated Family Physicians on the effective date and does not apply for a refund of contributions under Minnesota Statutes 1994, section 352.22, subdivision 2, or any similar provision in future Minnesota Statutes, includes service with Fairview, University of Minnesota Physicians, or University Affiliated Family Physicians following the effective date. Fairview, University of Minnesota Physicians, or University Affiliated Family Physicians shall provide any reports that the executive director of the Minnesota State Retirement System may reasonably request to permit calculation of benefits.

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Terms Used In Minnesota Statutes 352F.05

  • Allowable service: has the meaning provided in Minnesota Statutes 1994, section 352. See Minnesota Statutes 352F.02
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Fairview: means Fairview Hospital and Healthcare Services, a Minnesota nonprofit corporation, and its successors. See Minnesota Statutes 352F.02
  • state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44
  • Terminated hospital employee: means a person who:

    (1) was employed on the day before the effective date by the University of Minnesota at the University of Minnesota Hospital and clinics or the Academic Health Center and was paid on a biweekly payroll;

    (2) terminated employment with the University of Minnesota on the day before the effective date or in the case of employees of the Academic Health Center, terminated employment with the University of Minnesota after the effective date but immediately transferred employment to the University of Minnesota Physicians or University Affiliated Family Physicians; and

    (3) was a participant in the general state employees retirement plan of the Minnesota State Retirement System at the time of termination of employment with the University of Minnesota. See Minnesota Statutes 352F.02

  • University Affiliated Family Physicians: means the private practice group of the Department of Family Practice in the university's medical school. See Minnesota Statutes 352F.02
  • University of Minnesota: means University of Minnesota Hospital and clinics, the hospitals and clinics operated by the regents of the University of Minnesota. See Minnesota Statutes 352F.02
  • University of Minnesota Physicians: means the multispecialty single group medical practice group in which medical school faculty will practice medicine beginning in 1997. See Minnesota Statutes 352F.02

To be eligible for early retirement benefits under this section, the individual must separate from service with Fairview, University of Minnesota Physicians, or University Affiliated Family Physicians. The terminated eligible individual, or an individual authorized to act on behalf of that individual, may apply for an annuity following application procedures under section 352.115, subdivision 7.