.................... moves to amend H.F. No. 1152, the first engrossment, as follows:
Page 46, after line 9, insert:
"Sec. 23. CONSOLIDATION STUDY.
1.4The boards and executive directors of the Duluth Teachers Retirement Fund
1.5Association, the St. Paul Teachers Retirement Fund Association, and the Teachers
1.6Retirement Association shall jointly study and develop a report on the feasibility and
1.7requirements necessary for the consolidation of the Duluth Teachers Retirement Fund
1.8Association and the St. Paul Teachers Retirement Fund Association into the Teachers
1.9Retirement Association. The report shall include detailed actuarial analysis that will define
1.10the financial requirements for consolidating with the Teachers Retirement Association
1.11in a manner, consistent with past practice, that assures that the assets of the Teachers
1.12Retirement Association are protected, that the merging funds are fully funded, and that the
1.13Teachers Retirement Association is not subsidizing the merged funds. The report shall
1.14include implementation plans, proposed allocation of costs between the state and all
1.15interested parties, time frames sufficient for an orderly transition, necessary management
1.16and administrative changes, asset investment related considerations, and education and
1.17communication plans to fully inform the executive branch, the legislative branch, and all
1.18system stakeholders of financial requirements. The report shall include plans to treat
1.19the employees of the Duluth Teachers Retirement Fund Association and the St. Paul
1.20Teachers Retirement Fund Association in a manner comparable to that provided to the
1.21former employees of the former Minneapolis Teachers Retirement Fund Association upon
1.22consolidation into the Teachers Retirement Fund Association. The boards and executive
1.23directors shall consult with the executive director of the State Board of Investment on
1.24investment management transition issues. The report must be submitted to the Legislative
1.25Commission on Pensions and Retirement by January 6, 2014.
1.26EFFECTIVE DATE.This section is effective the day following final enactment.
Page 53, after line 4, insert:
Section 1. JUDICIARY.
2.5(a) $22,000 in fiscal year 2014 and $22,000 in fiscal year 2015 is appropriated to the
2.6supreme court from the general fund for the increased employer contribution in article
2.76, section 11.
2.8(b) $55,000 in fiscal year 2014 and $57,000 in fiscal year 2015 is appropriated to
2.9the court of appeals from the general fund for the increased employer contribution in
2.10article 6, section 11.
2.11(c) $778,000 in fiscal year 2014 and $809,000 in fiscal year 2015 is appropriated
2.12to the district courts from the general fund for the increased employer contribution in
2.13article 6, section 11.
Sec. 2. PUBLIC SAFETY.
2.15The following amounts are appropriated to the department of public safety for the
2.16increased employer contribution in article 1, section 3:
2.17(1) $95,000 in fiscal year 2015 is appropriated from the general fund. The general
2.18fund base for fiscal year 2017 is increased by $94,000.
2.19(2) $546,000 in fiscal year 2015 is appropriated from the trunk highway fund. The
2.20trunk highway fund base for fiscal year 2017 is increased by $547,000.
2.21(3) $8,000 in fiscal year 2015 is appropriated from the highway user tax distribution
2.22fund. The highway user tax distribution fund base for fiscal year 2017 is increased by
Amend the title accordingly