Minnesota Statutes
§ 356.614 — LIMITATION ON USE OF FORFEITURES
Minnesota § 356.614
This text of Minnesota § 356.614 (LIMITATION ON USE OF FORFEITURES) 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. § 356.614 (2026).
Text
This section applies to any defined benefit plan listed in section356.611, subdivision6. Unless otherwise permitted by section 401(a)(8) of the Internal Revenue Code, forfeitures must not be applied to increase the benefits any participant would otherwise receive under the plan at any time prior to the termination of the plan or the complete discontinuance of employer contributions.
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Legislative History
2024 c 102 art 8 s 5
Nearby Sections
15
§ 356.001
PURPOSE OF PUBLIC PLANS§ 356.214
ACTUARIAL VALUATION PREPARATION§ 356.216
CONTENTS OF ACTUARIAL VALUATIONS FOR LOCAL MONTHLY VOLUNTEER FIREFIGHTER RELIEF ASSOCIATIONS§ 356.22
INTERPRETATION§ 356.245
LOCAL ELECTED OFFICIALS§ 356.30
COMBINED SERVICE ANNUITYCite This Page — Counsel Stack
Bluebook (online)
Minnesota § 356.614, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/356/356.614.