This bill amends current unemployment insurance laws in Minnesota by establishing that the acceptance of certain offers of deferred resignation will not be considered a voluntary quit from employment. Specifically, it states that if an employer offers an employee a deferred resignation and the employee accepts it between January 27, 2025, and February 13, 2025, the employee will remain eligible for unemployment benefits as outlined in Minnesota Statutes, section 268.095, subdivision 10.

Additionally, the bill includes a provision that makes this change effective retroactively from January 27, 2025. This means that any applications for unemployment benefits related to deferred resignations accepted during the specified timeframe will be processed under the new criteria, ensuring that employees are not penalized for accepting such offers.