Public employees police and fire retirement plan

This bill modifies Minnesota's public employees police and fire retirement plan to allow members receiving retirement annuities to return to work without having their benefits suspended or reduced. It creates a new rule that permits annuitants to reemploy in covered positions as early as 31 days after retirement, ensuring their pension payments continue unchanged during the period of reemployment. The legislation also clarifies that members returning to work do not need to repay previously received annuity payments unless they returned before the 31-day waiting period, and it prevents additional contributions to the retirement plan during reemployment. These changes specifically apply to members of the public employees police and fire retirement plan and the general employees retirement plan.