Subdivision 1. Election. An eligible employee as enumerated in subdivision 2 who is eligible for membership in the Minnesota State Retirement System under chapter 352, the Public Employees Retirement Association under chapter 353, or the Teachers Retirement Association under chapter 354 may elect to participate in the individual retirement account plan rather than in the general state retirement plan. Election to participate in the plan must be made pursuant to section 354D.04.
Subd. 2. Eligibility. Eligible employees are:
(1) any supervisory or professional employee of the State Arts Board;
(2) any supervisory or professional employee of the Minnesota Humanities Center; or
(3) any employee of the Minnesota Historical Society.
1994 c 508 art 2 s 2; 1995 c 141 art 4 s 30; 1996 c 438 art 7 s 1; 2009 c 78 art 9 s 8
Structure Minnesota Statutes
Chapters 352 - 356B — Retirement
Chapter 354D — Retirement Election, Arts Board, Humanities Center, Historical Society
Section 354D.01 — Definitions.
Section 354D.02 — Participants.
Section 354D.03 — Social Security Coverage.
Section 354D.04 — Plan Coverage.
Section 354D.05 — Contributions.
Section 354D.06 — Administration.
Section 354D.07 — Transfer Of Certain Msrs Member Contribution Refund Amounts To Plan.
Section 354D.08 — Individual Retirement Account Plan Administration; Minnesota Historical Society.