Teachers Retirement Association; employer of a reemployed annuitant required to make employer contributions to the teachers retirement fund.

This bill requires employers in Minnesota to make retirement contributions for teachers who return to work after receiving a pension. It applies to any school district or employer unit covered by the Teachers Retirement Association when a retired teacher resumes teaching service. Under the new rules, employers must contribute to the retirement fund during the period of reemployment, and the bill clarifies how salary thresholds affect annuity deferrals for reemployed retirees. The changes take effect immediately upon final enactment of the legislation.