Minnesota Legislature
Office of the Revisor of Statutes
2024 Minnesota Statutes
353G.114 ANCILLARY BENEFITS AND SUPPLEMENTAL BENEFITS.
(a) Except as provided under paragraph (b) and sections 353G.115 and 353G.12, no disability, death, funeral, or other ancillary benefit beyond a retirement benefit is payable from the lump-sum division of the defined benefit plan or the defined contribution plan.
(b) Any member or survivor of a deceased member who receives a lump-sum distribution of the member's retirement benefit from the lump-sum division of the defined benefit plan or the defined contribution plan is entitled to a supplemental benefit under section 424A.10.
History:
Official Publication of the State of Minnesota
Revisor of Statutes