Minnesota § 354A.09 PRO RATA DISTRIBUTION OF FUNDS

Minnesota Statutes

§ 354A.09 — PRO RATA DISTRIBUTION OF FUNDS

Minnesota § 354A.09

PartRETIREMENT

Ch. 354ATEACHERS RETIREMENT, ST. PAUL

This text of Minnesota § 354A.09 (PRO RATA DISTRIBUTION OF FUNDS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 354A.09 (2026).

Text

In the event that the assets of the special retirement fund of the 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.

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In the event that the assets of the special retirement fund of the 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.