reglab/housing_qa huggingface dataset:
MN Stat § 356.49 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 356 — Retirement Systems, Generally|Section 356.49 — Provision Of Information In Event Of Marriage Dissolution.

356.49 PROVISION OF INFORMATION IN EVENT OF MARRIAGE DISSOLUTION. Subdivision 1. Information for pending marriage dissolution. (a) Upon receipt of a written request by a person with access to the data under subdivision 3 who cites this statute, a public or private pension plan administrator must provide the court and the parties to a marriage dissolution action involving a plan member or former plan member with information regarding pension benefits or rights of the plan member or former plan member. The pension plan shall provide this information upon the request of the court or a party to the action without requiring a signed authorization from the plan member or former plan member. (b) The information must include the pension benefits or rights of the plan member or former plan member as of the first day of the month following the date of the request, or as of the end of the previous fiscal year for the plan, and as of the date of valuation of marital assets under section 518.58, if the person requesting the information specifies that date. The information must include the accrued service credit of the person, the credited salary of the person for the most current five-year period, a summary of the benefit plan, and any other information relevant to the calculation of the present value of the benefits or rights. Subd. 2.  [Repealed, 2015 c 68 art 13 s 65] Subd. 3. Access to data. Notwithstanding any provision of chapter 13 to the contrary, an administrator may release private or confidential data on individuals to the court, the parties to a marriage dissolution, their attorneys, and an actuary appointed under section 518.582, to the extent necessary to comply with this section, but only if the administrator has received a copy of the legal petition showing that an action for marriage dissolution has commenced and a copy of the affidavit of service showing that the petition has been served on the responding party to the action. History:   2002 c 392 art 11 s 38
MN Stat § 356.59 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 356 — Retirement Systems, Generally|Section 356.59 — Interest Rates.

356.59 INTEREST RATES. Subdivision 1. Applicable interest rates. Whenever the payment of interest is required with respect to any payment, including refunds, remittances, shortages, contributions, or repayments, the rate of interest is the rate or rates specified in subdivisions 2 to 5 for each public retirement plan. Subd. 2.Minnesota State Retirement System. The interest rates for all retirement plans administered by the Minnesota State Retirement System are as follows:          Annual  Monthly  before July 1, 2015 8.5 percent 0.71 percent  from July 1, 2015, to June 30, 2018 8.0 percent 0.667 percent  after June 30, 2018 7.5 percent 0.625 percent   Subd. 3.Public Employees Retirement Association. The interest rates for all retirement plans administered by the Public Employees Retirement Association are as follows:        before July 1, 2015 8.5 percent  from July 1, 2015, to June 30, 2018 8.0 percent  after June 30, 2018 7.5 percent   Subd. 4.Teachers Retirement Association. The interest rates for the retirement plan administered by the Teachers Retirement Association are as follows:          Annual  Monthly  before July 1, 2018 8.5 percent 0.71 percent  after June 30, 2018 7.5 percent 0.625 percent   Subd. 5.St. Paul Teachers Retirement Fund Association. The interest rates for the retirement plan administered by the St. Paul Teachers Retirement Fund Association are as follows:          Annual  Monthly  before July 1, 2015 8.5 percent 0.71 percent  from July 1, 2015, to June 30, 2018 8.0 percent 0.667 percent  after June 30, 2018 7.5 percent 0.625 percent   History:   2018 c 211 art 6 s 39
MN Stat § 356.611 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 356 — Retirement Systems, Generally|Section 356.611 — Limitation On Public Employee Salaries For Pension Purposes.

356.611 LIMITATION ON PUBLIC EMPLOYEE SALARIES FOR PENSION PURPOSES. Subdivision 1.  [Repealed, 2005 c 169 s 2] Subd. 2. Federal compensation limits. (a) For members of a covered pension plan enumerated in section 356.30, subdivision 3, and of the plan established under chapter 353D, compensation in excess of the limitation specified in section 401(a)(17) of the Internal Revenue Code, as amended, for changes in the cost of living under section 401(a)(17)(B) of the Internal Revenue Code, may not be included for contribution and benefit computation purposes. (b) Notwithstanding paragraph (a), for members specified in paragraph (a) who first contributed to a plan specified in that paragraph before July 1, 1995, the annual compensation limit specified in section 401(a)(17) of the Internal Revenue Code on June 30, 1993, applies if that provides a greater allowable annual compensation. (c) To the extent required by sections 3401(h) and 414(u)(12) of the federal Internal Revenue Code, an individual receiving a differential wage payment as defined in section 3401(h)(2) of the federal Internal Revenue Code from an employer shall be treated as employed by that employer, and the differential wage payment will be treated as compensation for purposes of applying the limits on annual additions under section 415(c) of the federal Internal Revenue Code. Subd. 3.  MS 2016 [Repealed, 2018 c 211 art 13 s 21] Subd. 3a.  MS 2016 [Repealed, 2018 c 211 art 13 s 21] Subd. 4.  MS 2016 [Repealed, 2018 c 211 art 13 s 21] Subd. 5.  MS 2016 [Repealed, 2018 c 211 art 13 s 21] History:  1994 c 528 art 4 s 11; 1995 c 262 art 1 s 15; 2002 c 392 art 11 s 43; 2004 c 267 art 2 s 6-8; art 10 s 1; 1Sp2005 c 8 art 1 s 23; 2007 c 13 art 2 s 17; 2008 c 349 art 5 s 33,34,37; 2009 c 169 art 4 s 43,44; 2012 c 286 art 9 s 1-5
MN Stat § 356.62 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 356 — Retirement Systems, Generally|Section 356.62 — Payment Of Employee Contribution.

356.62 PAYMENT OF EMPLOYEE CONTRIBUTION. (a) For purposes of any public pension plan, as defined in section 356.63, paragraph (b), each employer shall pick up the employee contributions required under law or under the pension plan document for all salaries. If the United States Treasury Department rules that under section 414(h) of the Internal Revenue Code of 1986, as amended through December 31, 1992, that these picked up contributions are not includable in the employee's adjusted gross income until they are distributed or made available, then these picked up contributions must be treated as employer contributions in determining tax treatment under the Internal Revenue Code of 1986 and the employer shall discontinue withholding federal income taxes on the amount of these contributions. The employer shall pay these picked up contributions from the same source of funds as is used to pay the salary of the employee. The employer shall pick up these employee contributions by a reduction in the cash salary of the employee. (b) Employee contributions that are picked up must be treated for all purposes of the public pension plan in the same manner and to the same extent as employee contributions that were made before the date on which the employee contributions pick up began. The amount of the employee contributions that are picked up must be included in the salary upon which retirement coverage is credited and upon which retirement and survivor's benefits are determined. For purposes of this section, "employee" means any person covered by a public pension plan. For purposes of this section, "employee contributions" include any sums deducted from the employee's salary or wages or otherwise paid in lieu thereof, regardless of whether they are denominated contributions by the public pension plan. (c) The employing unit shall supply each employee and the commissioner of revenue with an information return indicating the amount of the employer's picked-up contributions for the calendar year that were not subject to withholding. This return must be provided to the employee not later than January 31 of the succeeding calendar year. The commissioner of revenue shall prescribe the form of the return and the provisions of section 289A.12 must apply to the extent not inconsistent with the provisions of this section. History:  3Sp1982 c 1 art 2 s 7; 1983 c 148 s 6; 1983 c 216 art 1 s 85; 1990 c 480 art 1 s 46; 1993 c 375 art 8 s 14; 2001 c 7 s 66; 2002 c 379 art 1 s 78; 2002 c 392 art 11 s 44; 2003 c 2 art 1 s 42; 2015 c 68 art 13 s 55
MN Stat § 356.63 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 356 — Retirement Systems, Generally|Section 356.63 — Limitation On Use Of Public Pension Plan Assets.

356.63 LIMITATION ON USE OF PUBLIC PENSION PLAN ASSETS. (a) Money held by or credited to a public pension plan as assets, including employer and employee contributions, state aid, appropriations from the state or a governmental subdivision, and accrued earnings on investments, constitutes a dedicated fund. The dedicated fund may be used exclusively to pay retirement annuities, service pensions, disability benefits, survivor benefits, refunds of contributions, or other benefits provided under the benefit plan document or documents governing the public pension plan, and to pay reasonable administrative expenses approved by the governing board of the public pension plan or by another appropriate authority. No assets of a public pension plan may be loaned or transferred to the state or a governmental subdivision or be used to amortize an unfunded actuarial accrued liability in another public pension plan or fund, whether or not the plan providing the assets consolidates or has consolidated with the plan receiving the assets. Nothing in this section prohibits a public pension plan or the State Board of Investment from investing the assets of a plan as authorized by law, including the investment of the assets of public pension plans by the State Board of Investment in a commingled investment fund. (b) A public pension plan for purposes of this section means a pension plan or fund specified in section 356.20, subdivision 2, or 356.30, subdivision 3, or a retirement or pension plan or fund, including a supplemental retirement plan or fund, established, maintained, or supported by a governmental subdivision or public body whose revenues are derived from taxation, fees, assessments, or other public sources. History:   2002 c 392 art 11 s 45
MN Stat § 356.631 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 356 — Retirement Systems, Generally|Section 356.631 — Additional Sources Of Funding.

356.631 ADDITIONAL SOURCES OF FUNDING. Notwithstanding any other provision of law to the contrary, in addition to all sources of funding described in Minnesota Statutes, section 356.63, any public retirement plan described in Minnesota Statutes, section 356.63, paragraph (b), is authorized to accept, at its discretion, for deposit in its fund the following: (1) gifts; (2) donations; (3) bequests; and (4) life insurance death benefits. History:   2018 c 211 art 17 s 2
MN Stat § 356.64 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 356 — Retirement Systems, Generally|Section 356.64 — Real Estate Investments.

356.64 REAL ESTATE INVESTMENTS. (a) Notwithstanding any law to the contrary, any public pension plan whose assets are not invested by the State Board of Investment may invest its funds in Minnesota situs nonfarm real estate ownership interests or loans secured by mortgages or deeds of trust if the investment is consistent with section 356A.04. (b) An investment otherwise authorized by this section must also comply with the requirements and limitations of section 11A.24, subdivision 6. History:  2002 c 392 art 11 s 46; 2010 c 359 art 12 s 35
MN Stat § 356.645 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 356 — Retirement Systems, Generally|Section 356.645 — Investment Of Various Defined Contribution Plan Assets.

356.645 INVESTMENT OF VARIOUS DEFINED CONTRIBUTION PLAN ASSETS. The State Board of Investment shall determine the investments to be made available to plan participants in plans defined in sections 352.965, 352.98, and 383B.46 and chapters 352D and 353D. Investments made available to plan participants must include at least one or more of the following: (1) shares in the Minnesota supplemental investment fund established in section 11A.17; (2) savings accounts in federally insured financial institutions; (3) life insurance contracts, fixed annuity contracts, and variable annuity contracts from companies that are subject to regulation by the commissioner of commerce; (4) investment options from open-end investment companies registered under the federal Investment Company Act of 1940, United States Code, title 15, sections 80a-1 to 80a-64; (5) investment options from a firm that is a registered investment adviser under the Investment Advisers Act of 1940, United States Code, title 15, sections 80b-1 to 80b-21; and (6) investment options of a bank as defined in United States Code, title 15, section 80b-2, subsection (a), paragraph (2), or a bank holding company as defined in the Bank Holding Company Act of 1956, United States Code, title 12, section 1841, subsection (a), paragraph (1). History:  2014 c 296 art 13 s 21; 2018 c 211 art 15 s 8
MN Stat § 356.646 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 356 — Retirement Systems, Generally|Section 356.646 — Plan Participant Investment Responsibility.

356.646 PLAN PARTICIPANT INVESTMENT RESPONSIBILITY. Subdivision 1. Member investment responsibility. The state, State Board of Investment and its executive director and staff, plan administrators and their staff, and participating public employers are not liable and are not responsible for any investment losses due to choices made by participants or due to qualified default investment alternatives. Subd. 2. Application. This section applies to the: (1) Minnesota state deferred compensation plan, established under section 352.965; (2) health care savings plan, established under section 352.98; (3) unclassified employees retirement program, established under chapter 352D; (4) public employees defined contribution plan, established under chapter 353D; (5) individual retirement account plan, established under chapter 354B; (6) higher education supplemental retirement plan, established under chapter 354C; and (7) Arts Board and Humanities Commission individual retirement account plan, established under chapter 354D. History:   2014 c 296 art 13 s 22
MN Stat § 356.65 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 356 — Retirement Systems, Generally|Section 356.65 — Disposition Of Abandoned Public Pension Fund Amounts.

356.65 DISPOSITION OF ABANDONED PUBLIC PENSION FUND AMOUNTS. Subdivision 1. Definitions. For purposes of this section, unless the context clearly indicates otherwise, each of the following terms has the meaning given to it: (a) "Public pension fund" means any public pension plan as defined in section 356.63, paragraph (b), and any Minnesota volunteer firefighters relief association which is established under chapter 424A and governed under sections 424A.091 to 424A.096. (b) "Unclaimed public pension fund amounts" means any amounts representing accumulated member contributions, any outstanding unpaid annuity, service pension or other retirement benefit payments, including those made on warrants issued by the commissioner of management and budget, which have been issued and delivered for more than six months prior to the date of the end of the fiscal year applicable to the public pension fund, and any applicable interest to the credit of: (1) an inactive or former member of a public pension fund who is not entitled to a defined retirement annuity and who has not applied for a refund of those amounts within five years after the last member contribution was made; or (2) a deceased inactive or former member of a public pension fund if no survivor is entitled to a survivor benefit and no survivor, designated beneficiary or legal representative of the estate has applied for a refund of those amounts within five years after the date of death of the inactive or former member. Subd. 2. Disposition of abandoned amounts. Any unclaimed public pension fund amounts existing in any public pension fund are presumed to be abandoned, but are not subject to the provisions of sections 345.31 to 345.60. Unless the benefit plan of the public pension fund specifically provides for a different disposition of unclaimed or abandoned funds or amounts, any unclaimed public pension fund amounts cancel and must be credited to the public pension fund. If the unclaimed public pension fund amount exceeds $25 and the inactive or former member again becomes a member of the applicable public pension plan or applies for a retirement annuity under section 356.30 or 356.311, whichever applies, the canceled amount must be restored to the credit of the person. History:  1981 c 224 s 178; 1983 c 286 s 17; 1992 c 513 art 4 s 41; 2001 c 7 s 67; 2002 c 392 art 11 s 47,48; 2008 c 277 art 1 s 80; 2009 c 101 art 2 s 109; 2010 c 359 art 12 s 36; 2013 c 111 art 5 s 80; 2019 c 50 art 1 s 117
MN Stat § 356.82 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 356 — Retirement Systems, Generally|Section 356.82 — Savings Clause.

356.82 SAVINGS CLAUSE. The intent of the legislature in sections 352.01, subdivision 25; 353.01, subdivision 37; 354.05, subdivision 38; and 354A.011, subdivision 15a is to create a normal retirement age for persons first covered by those sections after the effective date of those sections that is the same as the retirement age in the federal Social Security law, including future amendments to that law. If a court determines that the legislature may not incorporate by reference the future changes in federal Social Security law, the legislature reserves the right to amend the appropriate sections to make the normal retirement conform to the retirement age in the federal Social Security law. No person first covered by any of those sections after the effective date of those sections has a right to a normal retirement age that is less than the retirement age in the federal Social Security law. History:  1989 c 319 art 13 s 95; 1992 c 464 art 1 s 43
MN Stat § 356.91 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 356 — Retirement Systems, Generally|Section 356.91 — Voluntary Membership Dues Deduction.

356.91 VOLUNTARY MEMBERSHIP DUES DEDUCTION. (a) Upon written authorization of a person receiving an annuity from a public pension fund administered by the Minnesota State Retirement System, the Public Employees Retirement Association, or the Teachers Retirement Association, the executive director of the public pension fund shall deduct from the retirement annuity an amount requested by the annuitant to be paid as membership dues or other payments to any labor organization that is an exclusive bargaining agent representing public employees or an organization representing retired public employees of which the annuitant is a member and shall, on a monthly basis, pay the amount to the organization so designated by the annuitant. (b) A pension fund and the plan fiduciaries which authorize or administer deductions of dues payments under paragraph (a) are not liable for failure to properly deduct or transmit the dues amounts, provided that the fund and the fiduciaries have acted in good faith. (c) Any labor organization that is an exclusive bargaining agent representing public employees or an organization representing retired public employees may conduct blind mailings to the annuitants of a retirement system specified in paragraph (a) by requesting that the retirement system mail voluntary membership information and dues deduction cards to annuitants. Such mailings shall not be for the purpose of supporting or opposing any candidate, political party, or ballot measure. The organization requesting the blind mailing shall pay all costs associated with these mailings, including but not limited to copying, labeling, mailing, postage, and record keeping. In lieu of administering a blind mailing in-house, a retirement system may transmit annuitant data necessary for conducting a blind mailing to a mail center pursuant to a secure data share agreement with the mail center which provides that neither the organization nor any other entity shall have direct access to the data transmitted by the retirement system. The retirement system shall have no obligation to approve or disapprove, or otherwise be responsible for, the content of the mailings. No organization shall conduct more than two blind mailings per calendar year. History:  2008 c 349 art 15 s 1; 2010 c 359 art 12 s 37; 2013 c 111 art 15 s 1; 2014 c 296 art 13 s 23
MN Stat § 356.97 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 356 — Retirement Systems, Generally|Section 356.97 — Information Services And Technology.

356.97 INFORMATION SERVICES AND TECHNOLOGY. The executive directors subject to the standard of fiduciary conduct under chapter 356A and the boards to which they report are exempt from the requirements of chapter 16E. An executive director or a board may use services provided by the Department of Information Technology Services. History:  1Sp2019 c 8 art 6 s 3; 2021 c 31 art 2 s 16
MN Stat § 356.98 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 356 — Retirement Systems, Generally|Section 356.98 — Allocation Of Receivables.

356.98 ALLOCATION OF RECEIVABLES. If an employing unit is dissolved or closed and amounts are owed to more than one Minnesota public pension plan, any amounts available to cover payments to the plans must be applied first to the employee contributions owed to the applicable plans, and next to the unpaid employer contributions, including any applicable employer additional contributions, and finally to the interest due on the employee and employer amounts. If, at any stage in this allocation process, the available amount is insufficient to fully cover the amount required, the remaining available payment amount must be prorated among the applicable plans based on each plan's share of combined covered payroll. History:   2007 c 134 art 2 s 46
MN Stat § 356A.02 (2021)
2021 Minnesota Statutes|Chapters 352 - 356B — Retirement|Chapter 356A — Public Pension Fiduciary Responsibility|Section 356A.02 — Fiduciary Status And Activities.

356A.02 FIDUCIARY STATUS AND ACTIVITIES. Subdivision 1. Fiduciary status. For purposes of this chapter, the following persons are fiduciaries: (1) any member of the governing board of a covered pension plan; (2) the chief administrative officer of a covered pension plan or of the State Board of Investment; (3) any member of the State Board of Investment; and (4) any member of the Investment Advisory Council. Subd. 2. Fiduciary activity. The activities of a fiduciary identified in subdivision 1 that must be carried out in accordance with the requirements of section 356A.04 include, but are not limited to: (1) the investment and reinvestment of plan assets; (2) the determination of benefits; (3) the determination of eligibility for membership or benefits; (4) the determination of the amount or duration of benefits; (5) the determination of funding requirements or the amounts of contributions; (6) the maintenance of membership or financial records; (7) the expenditure of plan assets; and (8) the selection of financial institutions and investment products. History:  1989 c 319 art 7 s 2; 2000 c 461 art 12 s 17; 2007 c 133 art 3 s 3