2001 Minnesota Statutes

     354.59 State university teachers, additional retirement 
  allowance. 

    In addition to other retirement benefits provided by law 
 for teachers including those received under provisions of 
 Minnesota Statutes 1957, sections 135.01 to 135.18 and 135.31 to 
 135.55, as amended, each state university teacher, who on July 
 1, 1957, had been a member of the teachers retirement 
 association for at least 15 years, upon retirement shall be paid 
 $1 a month for each year of allowable service, as defined by 
 Minnesota Statutes 1957, section 135.01, subdivision 13, as 
 amended by Extra Session Laws 1959, chapter 50, section 50, out 
 of the teachers' retirement fund.  The money necessary to make 
 the payments as provided for herein are appropriated out of 
 money in the teachers' retirement fund. 

    HIST: Ex1961 c 16 s 1; 1975 c 321 s 2