2005 Minnesota Statutes - 354A.108 — Payment by teachers collecting workers\' compensation.

     354A.108 Payment by teachers collecting workers' 
  compensation. 


    (a) A member of the Duluth Teachers Retirement Fund 
 Association who is receiving temporary workers' compensation 
 payments related to the member's teaching service and who either 
 is receiving a reduced salary from the employer or is receiving 
 no salary from the employer is entitled to receive allowable 
 service credit for the period of time that the member is 
 receiving the workers' compensation payments upon making the 
 required payment amount.  


    (b) The required amount payable by the member must be 
 calculated first by determining the differential salary amount, 
 which is the difference between the salary received, if any, 
 during the period of time that the member is collecting workers' 
 compensation payments, and the salary that the member received 
 for an identical length period immediately before collecting the 
 workers' compensation payments.  The member shall pay an amount 
 equal to the employee contribution rate under section 354A.12, 
 subdivision 1, multiplied by the differential salary amount.  


    (c) If the member makes the employee payment under this 
 section, the employing unit shall make an employer payment to 
 the Duluth Teachers Retirement Fund Association equal to the 
 employer contribution rate under section 354A.12, subdivision 
 2a, multiplied by the differential salary amount.  


    (d) Payments made under this subdivision are payable 
 without interest if paid by June 30 of the year during which the 
 workers' compensation payments are received by the member.  If 
 paid after June 30, payments made under this subdivision must 
 include interest at the rate of 8.5 percent per year.  Payment 
 under this section must be completed within one year of the 
 termination of the workers' compensation payments to the member. 


    HIST: 1Sp2001 c 10 art 3 s 21