Minnesota § 353.50 - MERF CONSOLIDATION ACCOUNT; ESTABLISHMENT AND OPERATION
Full text of Minnesota Minnesota Statutes § 353.50 — MERF CONSOLIDATION ACCOUNT; ESTABLISHMENT AND OPERATION, with citation guidance and answers to common questions.
§ 353.50. MERF CONSOLIDATION ACCOUNT; ESTABLISHMENT AND OPERATION
Subdivision 1.
[Repealed, 2015 c 68 art 14 s 30]
Subd. 2.
[Repealed, 2015 c 68 art 14 s 30]
Subd. 3.
[Repealed, 2015 c 68 art 14 s 30]
Subd. 4.
[Repealed, 2015 c 68 art 14 s 30]
Subd. 5.
[Repealed, 2015 c 68 art 14 s 30]
Subd. 6.Benefits for former MERF division members.
(a) Retired, disabled, deferred, and inactive member benefits. The annuities and benefits of, or attributable to, retired, disabled, deferred, or inactive members of the former MERF division, as calculated under Minnesota Statutes 2008, sections 422A.11; 422A.12; 422A.13; 422A.14; 422A.15; 422A.151; 422A.155; 422A.156; 422A.16; 422A.17; 422A.18; 422A.19; 422A.20; and 422A.23, continue in force and are payable from the general employees retirement plan.
(b) Benefits; benefit eligibility for active members. Persons who were active members covered by the former MERF division on December 31, 2014, upon satisfying eligibility requirements stated in the applicable sections of Minnesota Statutes 2008 specified in paragraph (a), are entitled to annuities or benefits specified in those sections. Eligibility for a formula retirement annuity includes the requirement in Minnesota Statutes 2008, sections 422A.13 and 422A.16, that the terminating member has attained the normal retirement age, which is age 60 if the person has at least ten years of service credit, or any age if the person has 30 or more years of service credit.
(c) Postretirement adjustments. After December 31, 2014, annuities and benefits for former members of the former MERF division are eligible for annual automatic postretirement adjustments solely under the applicable portions of section 356.415.
Subd. 7.
[Repealed, 2015 c 68 art 14 s 30]
Subd. 8.
[Repealed, 2015 c 68 art 14 s 30]
Subd. 9.
[Repealed, 2015 c 68 art 14 s 30]
Subd. 10.
[Repealed, 2015 c 68 art 14 s 30]
History:
2010 c 359 art 11 s 17; 2012 c 286 art 6 s 3; 2013 c 111 art 3 s 8,9; 2015 c 68 art 14 s 14
Official Publication of the State of Minnesota
Revisor of Statutes
Source: official Minnesota text · Last verified 2026-08-27
Frequently Asked Questions About Minnesota § 353.50
What does Minnesota Statutes § 353.50 cover?
Section 353.50 ("MERF CONSOLIDATION ACCOUNT; ESTABLISHMENT AND OPERATION") is part of the Minnesota Statutes, the codified statutory law of Minnesota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Minnesota § 353.50?
A common citation format is "Minnesota Statutes § 353.50" (Minnesota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Minnesota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Minnesota official source linked on this page or consult a licensed Minnesota attorney.
How does Minnesota § 353.50 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Minnesota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Minnesota.