Title Minnesota Statutes, Minnesota Statutes

424B.04 GOVERNANCE OF CONSOLIDATED FIREFIGHTERS RELIEF ASSOCIATION. § Subdivision 1.Board of trustees. The consolidated firefighters relief association is governed by a board of trustees as provided in section 424A.04, subdivision 1. § Subd. 2.Composition of board. The board must…

424B.05 SPECIAL AND GENERAL FUNDS. The consolidated firefighters relief association must establish and maintain a special fund and a general fund. The special fund must be established and maintained as provided in section 424A.05. The general fund must be established and maintain…

424B.06 TRANSFERS. § Subdivision 1.Generally. On the effective date of consolidation, the records, assets, and liabilities of the prior firefighters relief associations are transferred to the consolidated firefighters relief association. On the effective date of consolidation, th…

424B.07 DISSOLUTION OF PRIOR GENERAL FUND BALANCES. Before the effective date of consolidation, the secretaries of the volunteer firefighters relief associations shall settle any accounts payable from the respective general fund or any other relief association fund in addition to…

424B.08 TERMINATION OF PRIOR RELIEF ASSOCIATIONS. Following the transfer of administration, records, special fund assets, and special fund liabilities from the prior relief associations to the subsequent firefighters relief association, the prior firefighters relief associations …

424B.09 ADMINISTRATIVE EXPENSES. The payment of authorized administrative expenses of the subsequent firefighters relief association must be from the special fund of the subsequent firefighters relief association in accordance with section 424A.05, subdivision 3b, and as provided…

424B.10 CONSOLIDATION; BENEFITS; FUNDING. § Subdivision 1. [Repealed, 2009 c 169 art 10 s 58] § Subd. 1a.Applicability. This section applies when all of the volunteer firefighters' relief associations involved in the consolidation are defined benefit relief associations as define…

424B.11 CONSOLIDATING DEFINED CONTRIBUTION RELIEF ASSOCIATIONS; INDIVIDUAL ACCOUNTS; FUNDING. § Subdivision 1.Applicability. This section applies when all of the volunteer firefighters relief associations involved in the consolidation are defined contribution relief associations …

424B.12 MIXED CONSOLIDATING RELIEF ASSOCIATIONS; BENEFIT PLAN; FUNDING. § Subdivision 1.Applicability. This section applies where one or more of the volunteer firefighters relief associations involved in the consolidation are defined benefit relief associations as defined in sect…

424B.13 CONVERSION OF RELIEF ASSOCIATION DEFINED BENEFIT PLAN TO DEFINED CONTRIBUTION PLAN. § Subdivision 1.Authority to initiate conversion. (a) The board of trustees of a defined benefit relief association may convert the defined benefit plan to a defined contribution plan in a…

424B.22 RELIEF ASSOCIATION DISSOLUTION AND RETIREMENT PLAN TERMINATION. § Subdivision 1.Application. (a) Notwithstanding any laws to the contrary, this section applies to: (1) the termination of a retirement plan established and administered by a relief association, whether or no…