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Current as of January 01, 2025 | Updated by Findlaw Staff
Subdivision 1. Provision of additional valuations. No provision insections 356.20to356.23may be construed in any way to limit any of the enumerated pension and retirement funds from furnishing additional actuarial valuations or experience studies, or additional data and actuarial calculations, as may be requested by the legislature or any standing committee or by the Legislative Commission on Pensions and Retirement.
Subd. 2. Accelerated amortization. No provision insections 356.20to356.23may be construed to preclude any public pension and retirement fund enumerated insection 356.20, subdivision 2, from requesting, or the legislature from providing for, the amortization of any unfunded actuarial accrued liability in a shorter period of time than by the established date for full funding as determined undersection 356.215, subdivision 11.
Subd. 3. Additional required valuations. The legislature or any committee or commission which has assigned to it the subject of public pensions or public retirement plans may require actuarial valuations and experience studies in conformity with the provisions ofsections 356.20to356.23from any public pension and retirement plan or fund, whether enumerated insections 356.20to356.23or otherwise.
Cite this article: FindLaw.com - Minnesota Statutes Retirement (Ch. 352-356B) § 356.22. Interpretation - last updated January 01, 2025 | https://codes.findlaw.com/mn/retirement-ch-352-356b/mn-st-sect-356-22/
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