2004 Minnesota Code
Chapters 419 - 425 Municipal Personnel, Retirement
Chapter 423B Minneapolis Police Pensions
Section 423B.07 Authorized fund disbursements.
423B.07 Authorized fund disbursements.
The police pension fund may be used only for the payment of:
(1) service, disability, or dependency pensions;
(2) notwithstanding a contrary provision of section 69.80, the salaries of the elected members of the board of trustees in an amount not to exceed three units;
(3) expenses of officers and employees of the association in connection with the protection of the fund;
(4) expenses of operating and maintaining the association, including the administrative expenses related to the administration of the insurance plan authorized in section 423B.08; and
(5) other expenses authorized by section 69.80, or other applicable law.
HIST: 1992 c 471 art 1 s 7; 1997 c 233 art 4 s 4; 1999 c 222 art 6 s 1
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