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Minnesota Legislature

Office of the Revisor of Statutes

SF 2998

as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4 1.5
1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15 1.16 1.17

A bill for an act
relating to retirement; authorizing certain voluntary deductions from persons
entitled to receive an annuity from certain public pension funds; proposing
coding for new law in Minnesota Statutes, chapter 356.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

new text begin [356.91] VOLUNTARY MEMBERSHIP DUES DEDUCTION.
new text end

new text begin (a) Upon written authorization of a person entitled to receive a retirement annuity
from a public pension fund administered by the Minnesota State Retirement System, the
Public Employees Retirement Association, or the Minneapolis Employees Retirement
Fund, the executive director of the public pension fund shall deduct from the retirement
annuity an amount requested by the annuitant to be paid as dues to any organization
or voluntary association of public employees or retired public employees of which
the annuitant is a member and shall pay the amount to the organization or voluntary
association so designated by the annuitant.
new text end

new text begin (b) A pension fund and the plan fiduciaries which authorize or administer deductions
of dues payments under paragraph (a) is not liable for failure to properly deduct or
transmit the dues amounts.
new text end