2023 Minnesota Statutes
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Chapter 354A
Section 354A.09
Recent History
- 2024 354A.09 Revisor Instruction 2024 c 102 art 11 s 14
This is an historical version of this statute chapter. Also view the most recent published version.
354A.09 PRO RATA DISTRIBUTION OF FUNDS.
In the event that the assets of the special retirement fund of a teachers retirement fund association are not sufficient to pay annuities and other retirement benefits in full as they come due in any particular year, the amount of special retirement fund assets available for payment shall be prorated among those annuitants and beneficiaries entitled to receive annuities and other retirement benefits.
History:
Official Publication of the State of Minnesota
Revisor of Statutes