136F.47 PENSION PLAN.
The board shall assume the administrative responsibility for the individual retirement account
plans in chapters 354B and 354C formerly administered separately by the State University Board
and the Community College Board. The separate plans and the former plan administration must
be merged into a single individual retirement account plan and plan administration covering
eligible employees of the board, eligible employees of system institutions, and other eligible
employee groups who are covered by the plan under section
354B.21.
History: 1994 c 572 s 2; 1995 c 212 art 4 s 64; 1999 c 86 art 1 s 36