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Minnesota Legislature

Office of the Revisor of Statutes

353A.06 FINALIZATION OF CONSOLIDATION.
    Subdivision 1. Notice of final approval. Upon final approval by the governing body of the
municipality, the chief administrative officer of the municipality shall provide notice of the local
action to the chief administrative officer of the relief association, the executive director of the state
board, the executive director of the commission, the executive director of the Public Employees
Retirement Association, the commissioner of finance, the secretary of state, and the state auditor.
The board of trustees of the Public Employees Retirement Association, at its next regularly
scheduled meeting, shall set the effective date for the consolidation and notify the persons under
this subdivision who are to receive notice from the municipality.
    Subd. 2. Information required. Upon final approval of consolidation by the municipality
under section 353A.04, the executive director of the public employees retirement association shall
request from the relief association and the municipality the information necessary to allow the
association to complete the consolidation. The information, at a minimum, must include all data
required to be provided by the executive director of the commission and the actuary retained
by the commission under section 353A.05, subdivision 1. The chief administrative officer of
the relief association and the chief administrative officer of the municipality shall provide the
requested information in a timely manner. The data must be reported on forms or in a manner
prescribed by the executive director of the association. The data must be current as of the effective
date of the consolidation with the association. The chief administrative officer of the municipality
and the chief administrative officer of the relief association shall certify the accuracy of the data
reported to the association. The executive director may rely on that data without undertaking any
affirmative duty to verify the data.
History: 1987 c 296 s 13; 1991 c 341 s 29; 1992 c 432 art 2 s 29