15A.086 LIMITS ON BONUS PAYMENTS.
Notwithstanding any law to the contrary, an employee of the state lottery or of a public
corporation or nonprofit corporation created by law may not receive bonus payments in any
year that exceed ten percent of the employee's base salary for that year. For purposes of this
section, bonus payments include any combination of merit pay, achievement awards, or any
other cash payments in addition to base salary, other than severance pay or overtime or holiday
pay. Groups covered by this section include, but are not limited to, the Workers' Compensation
Reinsurance Association, the Minnesota Insurance Guaranty Association, the Fair plan, the Joint
Underwriters Association, the Minnesota Joint Underwriters Association, the Life and Health
Guaranty Association, the Minnesota Comprehensive Health Association, the Minnesota State
High School League, Minnesota Technology, Inc., Agricultural Utilization Research Institute,
Minnesota Project Outreach Corporation, and the State Agricultural Society. This section does not
give any entity authority to grant a bonus not otherwise authorized by law.
History: 1993 c 192 s 42; 2000 c 260 s 7; 2002 c 379 art 1 s 6