1997 Minnesota Statutes

     356.22 Interpretation. 

    Subdivision 1.  No provision in sections 356.20 to 356.23 
 shall be construed to in any way limit any of the enumerated 
 pension and retirement funds from furnishing additional 
 actuarial valuations or experience studies, or data and 
 calculations, as may be requested by the legislature or any 
 standing committee or the legislative commission on pensions and 
 retirement. 

    Subd. 2.    Accelerated amortization.  No provision in 
 sections 356.20 to 356.23 shall be construed to preclude any 
 public pension and retirement fund enumerated in section 356.20, 
 subdivision 2, from requesting, or the legislature from 
 providing for, the amortization of any unfunded actuarial 
 accrued liability in a shorter period of time than by the 
 established date for full funding as determined pursuant to 
 section 356.215, subdivision 4g.  

    Subd. 3.  The legislature or any committee or commission 
 thereof now in existence or hereafter created which has assigned 
 to it the subject of public pensions or public retirement plans 
 may require actuarial valuations and experience studies in 
 conformity with the provisions of sections 356.20 to 356.23 from 
 any public pension and retirement fund, whether enumerated in 
 sections 356.20 to 356.23 or otherwise.  

    HIST: 1965 c 359 s 3; 1975 c 192 s 4,5; 1979 c 184 s 2; 1981 c 
 224 s 171; 1Sp1985 c 7 s 35; 1987 c 259 s 57