Minnesota § 356.25 LOCAL GOVERNMENTAL PENSION FUND PROHIBITIONS; EXCLUSIONS

Minnesota Statutes

§ 356.25 — LOCAL GOVERNMENTAL PENSION FUND PROHIBITIONS; EXCLUSIONS

Minnesota § 356.25

PartRETIREMENT

Ch. 356RETIREMENT SYSTEMS, GENERALLY

This text of Minnesota § 356.25 (LOCAL GOVERNMENTAL PENSION FUND PROHIBITIONS; EXCLUSIONS) 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. § 356.25 (2026).

Text

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 under section356.24; or

(2)a firefighters relief association that is established under chapter 424A and is governed by sections424A.091to424A.096.

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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 under section356.24; or
(2) a firefighters relief association that is established under chapter 424A and is governed by sections424A.091to424A.096.