When a PERA-covered city or county medical facility is sold to a private owner it becomes a private organization, employees are no longer considered public employees and state law does not allow active membership in PERA. Your medical facility employer must go through a process to determine whether the sale qualifies for coverage under Minnesota Statute §353F.03.
The law (Minnesota Statutes, Chapter 353F) provides several benefit options to privatized former public employees. The intent is to ensure that employees of public medical facilities that are privatized will be entitled to receive future retirement benefits even though the employees are no longer covered by PERA.
Returning to Public Service
If you are a privatized member and are thinking about going back to work in public employment, please call PERA to discuss how this may impact your privatized benefits.
