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SF2752 (Legislative Session 94 (2025-2026))

Firefighter relief associations maximum lump-sum service pension amount for each year of service credited increase provision

Related bill: HF2395

AI Generated Summary

Purpose of the Bill

The main aim of this bill is to increase the maximum lump-sum service pension amount that firefighters can receive for each year of service credited. This pertains specifically to volunteer firefighters who are part of defined benefit relief associations in Minnesota.

Main Provisions

  • Increase in Lump-Sum Pension: The bill proposes to increase the maximum lump-sum service pension amount from $15,000 to $20,000 for each year of service credited.
  • Bylaws Amendment: Relief associations can amend their bylaws to adopt this increased pension amount, provided it complies with specific sections of the Minnesota Statutes.
  • Uniform Pension Calculation: The method of calculating these pensions must remain consistent for all active service years, unless specific exceptions in the bylaws apply.

Significant Changes

  • The primary change presented by this bill is the increase in the maximum lump-sum service pension that can be credited annually from $15,000 to $20,000.
  • The change requires firefighter relief associations to ratify this increase through a bylaws amendment that also needs municipal approval.

Relevant Terms

retirement, firefighters, relief associations, lump-sum pension, defined benefit, service pension, bylaws amendment, Minnesota Statutes.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 19, 2025SenateFloorActionIntroduction and first reading
March 19, 2025SenateFloorActionReferred toState and Local Government

Citations

 
[
  {
    "analysis": {
      "added": [
        "Allows for an increase in the maximum lump-sum service pension to $20,000."
      ],
      "removed": [],
      "summary": "This bill amends the maximum lump-sum service pension amount for firefighters under section 424A.02, subdivision 3.",
      "modified": [
        "Adjusts the calculation method for lump-sum service pensions in defined benefit relief associations."
      ]
    },
    "citation": "424A.02",
    "subdivision": "subdivision 3"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill references existing exceptions related to firefighter pension limits under section 424B.22, subdivision 4.",
      "modified": []
    },
    "citation": "424B.22",
    "subdivision": "subdivision 4"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill makes references regarding the adoption of bylaws amendments related to pension plans under section 424A.093, subdivision 6.",
      "modified": []
    },
    "citation": "424A.093",
    "subdivision": "subdivision 6"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill makes references regarding the adoption of bylaws amendments under section 424A.092, subdivision 6.",
      "modified": []
    },
    "citation": "424A.092",
    "subdivision": "subdivision 6"
  }
]

Sponsors