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Chapter 353G
Section 353G.115
Recent History
- 2024 353G.115 Amended 2024 c 102 art 3 s 40
- 2023 353G.115 Revisor Instruction 2023 c 47 art 10 s 9
- 2020 353G.115 Revisor Instruction 2020 c 108 art 7 s 9
- 2015 353G.115 Amended 2015 c 68 art 8 s 22
- 2010 353G.115 New 2010 c 359 art 6 s 8
353G.115 DISABILITY BENEFIT COVERAGE; AUTHORITY FOR CASUALTY INSURANCE.
(a) Except as provided in paragraph (b), no disability benefit is payable from the statewide retirement plan.
(b) If the board approves the arrangement, disability coverage for statewide retirement plan members may be provided through a group disability insurance policy obtained from an insurance company licensed to do business in this state. The voluntary statewide lump-sum volunteer retirement plan is authorized to pay the premium for the disability insurance authorized by this paragraph. The proportional amount of the total annual disability insurance premium must be added to the required contribution amount determined under section 353G.08.
History:
Official Publication of the State of Minnesota
Revisor of Statutes