as introduced - 91st Legislature (2019 - 2020) Posted on 01/17/2019 02:37pm
A bill for an act
relating to retirement; increasing contribution rate for the higher education
individual retirement account plan; amending Minnesota Statutes 2018, section
354B.23, subdivision 3.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2018, section 354B.23, subdivision 3, is amended to read:
The employer contribution rate on behalf of
participants in the individual retirement account plan is six percent of salarynew text beginnew text end.
new text begin new text end