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    If an employing unit is dissolved or closed and amounts are owed to more than one
Minnesota public pension plan, any amounts available to cover payments to the plans must be
applied first to the employee contributions owed to the applicable plans, and next to the unpaid
employer contributions, including any applicable employer additional contributions, and finally
to the interest due on the employee and employer amounts. If, at any stage in this allocation
process, the available amount is insufficient to fully cover the amount required, the remaining
available payment amount must be prorated among the applicable plans based on each plan's
share of combined covered payroll.
History: 2007 c 134 art 2 s 46

Official Publication of the State of Minnesota
Revisor of Statutes