1997 Minnesota Code
Chapters 480 - 494 Judiciary
Chapter 490 Judges Retirement, Judicial Standards
Section 490.107 Retirement benefits; increase and payment.

490.107 Retirement benefits; increase and payment.

(1) Effective July 1, 1978, all retirement and disability benefits payable pursuant to sections 490.11, 490.12, subdivisions 1 and 2, and 9, commencing with the monthly benefit payment accruing on and after July 1, 1978 shall be paid by the judges retirement fund.

(2) The county auditors of the counties which on March 30, 1978 are liable for the payment of retirement benefits pursuant to section 490.12, subdivision 2 or 9, or Minnesota Statutes 1978, section 487.06, shall certify to the executive director of the Minnesota state retirement system the amount of the monthly benefit that the former judge of that county is entitled to receive and, annually on each June 30 shall pay to the Minnesota state retirement system for deposit in the judges retirement fund an amount equal to the annual retirement benefit due to each retired judge for the following fiscal year plus $25 for administrative expense. In the event of the death of the retired judge, the director shall refund to the county from the judges retirement fund the amount of any unexpended balance of the moneys the county had paid.

(3) All payments made pursuant to sections 490.11 and 490.12, subdivision 1, after January 1, 1978, shall be made by the state regardless of the date on which the payments commenced or commence.

(4) All retirement and disability benefits to which this section applies shall be payable from the judges retirement fund and shall thereafter be adjusted in the same manner and at the same time as other benefits payable from the Minnesota postretirement investment fund. The benefit level in effect on July 1, 1978, including any increase pursuant to this clause, shall be the base for any future adjustments made pursuant to section 11A.18.

HIST: 1978 c 720 s 18; 1980 c 607 art 14 s 45 subd 2; 1981 c 224 s 221