Minnesota Statutes 352F.07 – Effect On Refund
Notwithstanding any provision of chapter 352 to the contrary, terminated hospital employees may receive a refund of employee accumulated contributions plus interest in accordance with section 352.22, subdivision 2, at any time after the transfer of employment to Fairview, University of Minnesota Physicians, or University Affiliated Family Physicians. If a terminated hospital employee has received a refund from a pension plan enumerated in section 356.30, subdivision 3, the person may not repay that refund unless the person again becomes a member of one of those enumerated plans and complies with section 356.30, subdivision 2.
Terms Used In Minnesota Statutes 352F.07
- Fairview: means Fairview Hospital and Healthcare Services, a Minnesota nonprofit corporation, and its successors. See Minnesota Statutes 352F.02
- Person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. 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