2007 Minnesota Code
Chapters 419 - 425 Municipal Personnel, Retirement
Chapter 423C Minneapolis Firefighters Relief Association
Section 423C.08 MEMBER CONTRIBUTION REFUND TO BENEFICIARY UPON DEATH.
423C.08 MEMBER CONTRIBUTION REFUND TO BENEFICIARY UPON DEATH.
If an active, deferred, or retired member of the association dies and no survivor benefit is
payable, the designated beneficiary of the decedent or, if none, the legal representative of the estate
of the decedent is entitled, upon application, to a refund. The refund shall be an amount equal to
the member contributions to the credit of the decedent, plus interest on those contributions at an
annual compounded rate of five percent from the first day of the month following the date of the
contribution to the first day of the month following the date of death of the decedent, reduced by
the sum of any service pension or disability benefit previously paid by the fund to the decedent.
History: 1Sp2001 c 10 art 15 s 8; 1Sp2003 c 12 art 11 s 2
Disclaimer: These codes may not be the most recent version. Minnesota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
