as introduced - 88th Legislature (2013 - 2014) Posted on 02/13/2013 02:10pm
A bill for an act
relating to retirement; modifying laws governing voluntary membership dues
deductions from retirement annuities; amending Minnesota Statutes 2012,
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2012, section 356.91, is amended to read:
(a) Upon written authorization of a person receiving an annuity from a public
pension fund administered by the Minnesota State Retirement System or the Public
Employees Retirement Association, the executive director of the public pension fund deleted text beginmay
deleted text endnew text beginnew text end deduct from the retirement annuity an amount requested by the annuitant to be paid
as new text beginnew text enddues new text beginnew text endto any labor organization that is an exclusive
bargaining agent representing public employees or an organization representing retired
public employees of which the annuitant is a member and shallnew text beginnew text end pay
the amount to the organization so designated by the annuitant.
(b) A pension fund and the plan fiduciaries which authorize or administer deductions
of dues payments under paragraph (a) are not liable for failure to properly deduct or transmit
the dues amounts, provided that the fund and the fiduciaries have acted in good faith.
(c) deleted text beginThe deductions under paragraph (a) may occur no more frequently than two times
per year and may not be used for political purposes.deleted text endnew text beginnew text end
deleted text begin
(d) Any labor organization specified in paragraph (a) shall reimburse the public
pension fund for the administrative expense of withholding premium amounts.
deleted text end