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Minnesota Statutes Retirement (Ch. 352-356B) § 356.25. Local governmental pension fund prohibitions; exclusions

Current as of January 01, 2025 | Updated by Findlaw Staff

Notwithstanding any other provision of law or charter to the contrary, no city, county, public agency or instrumentality, or other political subdivision is required or permitted to establish for any of its employees a local pension plan or fund financed in whole or in part from public funds, other than:

(1) a supplemental pension or deferred compensation plan authorized undersection 356.24; or

(2) a firefighters relief association that is established under chapter 424A and is governed bysections 424A.091to424A.096.

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Cite this article: FindLaw.com - Minnesota Statutes Retirement (Ch. 352-356B) § 356.25. Local governmental pension fund prohibitions; exclusions - last updated January 01, 2025 | https://codes.findlaw.com/mn/retirement-ch-352-356b/mn-st-sect-356-25/

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