UNIVERSITY OF MINNESOTA FACULTY RETIREMENT PLAN

Accounting and bookkeeping

Financial and actuarial reporting practices, Minn. Statutes 2023 16A.055, 356.20

Refund repayments, Minn. Statutes 2023 356.441

Accumulated contributions, abandoned amounts, disposition, Minn. Statutes 2023 356.65

Actuarial valuations

Alternative valuations, Minn. Statutes 2023 356.23

Copies, Minn. Statutes 2023 356A.07

Financial reporting requirements, Minn. Statutes 2023 356.20

Legislature, rights, Minn. Statutes 2023 356.22

Supplemental actuarial valuations, Minn. Statutes 2023 356.23

Annuities

Abandoned amounts, disposition, Minn. Statutes 2023 356.65

Optional annuities, Minn. Statutes 2023 356.46

Qualified annuities, using for refund repayments, Minn. Statutes 2023 356.441

Retirement annuities, Minn. Statutes 2023 356.46, 356.87

Assets

Investment diversification, Minn. Statutes 2023 356A.06

Limitations on use, Minn. Statutes 2023 356.63

Title, holding, Minn. Statutes 2023 356A.06

Audits and examinations, financial reporting, Minn. Statutes 2023 356.20

Beneficiaries, payments to, benefit distribution, plan termination, Minn. Statutes 2023 356.001

Benefits

Abandoned amounts, disposition, Minn. Statutes 2023 356.65

Benefit provisions summary, Minn. Statutes 2023 356A.07

Disability benefits, Minn. Statutes 2023 356.46, 356.87

Distribution, notice, Minn. Statutes 2023 356.001

Fiduciaries, duties, Minn. Statutes 2023 356A.02

Members' nonforfeitable interest, Minn. Statutes 2023 356.001

Survivor benefits, Minn. Statutes 2023 356.87

Termination of plan or fund, procedures, Minn. Statutes 2023 356.001

Breach of fiduciary duty

Cofiduciaries, liability, Minn. Statutes 2023 356A.10

Generally, Minn. Statutes 2023 356A.09

Indemnification, Minn. Statutes 2023 356A.11

Lawsuits, Minn. Statutes 2023 356A.12

Certificates and certification, economic interest statements, list of filings, Minn. Statutes 2023 356A.06

Chief administrative officer

Definitions, Minn. Statutes 2023 356A.01, 356A.02

Fiduciary duties, Minn. Statutes 2023 356A.01 to 356A.13

Cofiduciaries

Duties, generally, Minn. Statutes 2023 356A.10

Liability, Minn. Statutes 2023 356A.10

Service of process on, Minn. Statutes 2023 356A.12

Compensation and salaries, fiduciaries, Minn. Statutes 2023 356A.06, 356A.08

Contested cases, adverse determination of eligibility, benefits, or other rights, Minn. Statutes 2023 356A.07

Continuing education, fiduciaries, Minn. Statutes 2023 356A.13

Copies, plan documents, summaries, and reports, Minn. Statutes 2023 356A.07

Covered governmental entity, duties, Minn. Statutes 2023 356.20, 356.62, 356A.07

Custodian bank accounts, establishment, Minn. Statutes 2023 356.001

Data, access, marriage dissolution actions, Minn. Statutes 2023 356.49

Dedicated fund, uses, Minn. Statutes 2023 356.63

Deferred compensation, see STATE DEFERRED COMPENSATION PLAN

Definitions

Employee contribution pick up, Minn. Statutes 2023 356.62

Loss of survivor benefits, Minn. Statutes 2023 356.406

Public pension fiduciary responsibility, Minn. Statutes 2023 356A.01, 356A.06

Depositories, designation, Minn. Statutes 2023 356A.06

Disability benefits, health insurance premiums, withholding, Minn. Statutes 2023 356.87

Disclosure

Fiduciaries, Minn. Statutes 2023 356A.03, 356A.06

Financial reporting requirements, Minn. Statutes 2023 356.20

Dissolution of marriage, retirement benefits or rights, information regarding, Minn. Statutes 2023 356.49

Donations, authority to accept, Minn. Statutes 2023 356.631

Economic interest statements, fiduciaries, Minn. Statutes 2023 356A.06

Employee contributions, Minn. Statutes 2023 356.62

Employees, see Members under this topic

Employees of the retirement plan, indemnification, breach of fiduciary duty, Minn. Statutes 2023 356A.11

Employer contributions, University of Minnesota, appropriations for, Minn. Statutes 2023 137.027

Employers

Benefit provision summaries, duties, Minn. Statutes 2023 356A.07

Reports given, employee contribution pick ups, Minn. Statutes 2023 356.62

Reports received, financial reports, Minn. Statutes 2023 356.20

Establishment, authorization, Minn. Statutes 2023 356.24

Fiduciaries

Activities, generally, Minn. Statutes 2023 356A.02

Breach of conduct or duties, Minn. Statutes 2023 356A.09 to 356A.12

Cofiduciaries, Minn. Statutes 2023 356A.01, 356A.10, 356A.12

Compensation and salaries, Minn. Statutes 2023 356A.06, 356A.08

Continuing education, Minn. Statutes 2023 356A.13

Disclosure, Minn. Statutes 2023 356A.03, 356A.06

Duties, Minn. Statutes 2023 356A.02, 356A.04, 356A.05

Felony violations, documentation, service prohibition, Minn. Statutes 2023 356A.03, 609B.177

Generally, Minn. Statutes 2023 356A.01 to 356A.13

Investments, duties, Minn. Statutes 2023 356A.02, 356A.06

Service of process on, Minn. Statutes 2023 356A.12

Standard of conduct, Minn. Statutes 2023 356A.04

Financial reports

Alternative reports, Minn. Statutes 2023 356.23

Copies, distribution, Minn. Statutes 2023 356.20, 356A.07

Requirements, generally, Minn. Statutes 2023 356.20

Former members, marriage dissolution actions, information requirements, Minn. Statutes 2023 356.49

Funds and accounts

Credits to, abandoned contributions, annuities, or benefits, Minn. Statutes 2023 356.65

Custodian bank accounts, Minn. Statutes 2023 356.001

Dedicated fund, Minn. Statutes 2023 356.63

Gifts and bequests, authority to accept, Minn. Statutes 2023 356.631

Governing body rules and policies, defined as plan documents, Minn. Statutes 2023 356A.01

Information services, Minn. Statutes 2023 356.97

Insurance, public employees insurance program, Minn. Statutes 2023 43A.316, 356.87

Investment of funds

Fiduciaries, duties, Minn. Statutes 2023 356A.02, 356A.06

Reports about, Minn. Statutes 2023 356.219

Requirements, generally, Minn. Statutes 2023 356A.06

Lawsuits, breach of fiduciary duty, Minn. Statutes 2023 356A.12

Liability

Cofiduciaries, Minn. Statutes 2023 356A.10

Unfunded actuarial accrued liability, Minn. Statutes 2023 356.22

Life insurance death benefits, authority to accept, Minn. Statutes 2023 356.631

Mail and mailing

Benefit distribution notice, Minn. Statutes 2023 356.001

Retirement annuities, information, completed applications, Minn. Statutes 2023 356.46

Members

Death caused by surviving beneficiary, loss of survivor benefits, Minn. Statutes 2023 356.406

Definitions, Minn. Statutes 2023 356.406, 356A.01

Employee contributions, Minn. Statutes 2023 356.62

Marriage dissolution actions, information requirements, Minn. Statutes 2023 356.49

Payments to, benefit distribution upon plan termination, Minn. Statutes 2023 356.001

Proof of death, notice, Minn. Statutes 2023 356.001

Reports received, Minn. Statutes 2023 356.20, 356.62, 356A.07

Optional annuities, Minn. Statutes 2023 356.46

Payments by

Allowable expenses, Minn. Statutes 2023 356.001

Benefit distribution upon plan termination, Minn. Statutes 2023 356.001

Fiduciaries, duties, Minn. Statutes 2023 356A.02

Health insurance premiums, Minn. Statutes 2023 356.87

Payments to, health insurance, administrative expenses, Minn. Statutes 2023 356.87

Peace officers, exclusions and inclusions in, Minn. Statutes 2023 353.64

Plan documents, copies to members, Minn. Statutes 2023 356A.07

Prior service credit

July 1, 2003 purchases, Minn. Statutes 2023 356.195

Post-July 1, 2003, purchases, Minn. Statutes 2023 356.551

Public employees insurance program, Minn. Statutes 2023 43A.316, 356.87

Purpose, Minn. Statutes 2023 356.001

Records and record keeping

Fiduciaries, duties, Minn. Statutes 2023 356A.02

Investments, liquidity documentation, Minn. Statutes 2023 356A.06

Refunds, repayment to, Minn. Statutes 2023 356.441

Reports given

Financial reports, Minn. Statutes 2023 356.20, 356.23

Generally, Minn. Statutes 2023 356.219

Marriage dissolution actions, benefits or rights, Minn. Statutes 2023 356.49

Retirement annuities

Generally, Minn. Statutes 2023 356.46

Health insurance premiums, withholding, Minn. Statutes 2023 356.87

Spouses, retirement annuities, Minn. Statutes 2023 356.46

Statutes of limitations, breach of fiduciary duty, Minn. Statutes 2023 356A.12

Successor organizations, Minn. Statutes 2023 356.20

Supplemental retirement plan

Dedicated fund, uses, Minn. Statutes 2023 356.63

Donations, gifts, bequests, life insurance death benefits, authority to accept, Minn. Statutes 2023 356.631

Financial and actuarial reporting practices, Minn. Statutes 2023 356.20

Retirement annuity application procedure, Minn. Statutes 2023 356.46

Surviving beneficiaries, charge or conviction of causing member's death, Minn. Statutes 2023 356.406

Survivor benefits

Beneficiaries charged or convicted of causing member's death, Minn. Statutes 2023 356.406

Health insurance premiums, withholding, Minn. Statutes 2023 356.87

Termination of plan or fund, Minn. Statutes 2023 356.001

Unfunded actuarial accrued liability, Minn. Statutes 2023 356.22

Violations and penalties

Fiduciaries, felony violations, service prohibition, Minn. Statutes 2023 609B.177

Prohibited transactions, Minn. Statutes 2023 356A.06