1998 Minnesota Statutes

     352F.07 Effect on refund. 

    Notwithstanding any provision of chapter 352 to the 
 contrary, terminated hospital employees may receive a refund of 
 employee accumulated contributions plus interest at the rate of 
 six percent per year compounded annually in accordance with 
 Minnesota Statutes 1994, section 352.22, subdivision 2, at any 
 time after the transfer of employment to Fairview, University of 
 Minnesota Physicians, or University Affiliated Family 
 Physicians.  If a terminated hospital employee has received a 
 refund from a pension plan enumerated in section 356.30, 
 subdivision 3, the person may not repay that refund unless the 
 person again becomes a member of one of those enumerated plans 
 and complies with section 356.30, subdivision 2.  

    HIST: 1996 c 460 art 1 s 7; 1997 c 241 art 7 s 10