Public Employees Retirement Association; eligible person authorized to purchase service credit for periods of omitted service.

This bill allows eligible former Minneapolis public works employees to purchase retirement service credit for two specific periods between 2017 and 2018 when the city failed to make required retirement contributions. The law requires the city to pay both the employee and employer portions of the missed contributions, plus interest, to the Public Employees Retirement Association. Once the city makes these payments, the employees can receive credit for those work periods toward their retirement benefits. The bill applies only to individuals who worked in the fleet services division from April 2016 through November 2022 and left their jobs in November 2022.