Minn. Stat. § 354.512
Recovery of Deficiencies
Minnesota · Minnesota Statutes Chapter 354 — Teachers Retirement · Status: effective
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- Citation
- Minn. Stat. § 354.512, Recovery of Deficiencies, Minnesota, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1730481
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In addition to any other remedies permitted under law, if an employing unit or other entity required by law to make any form of payment to the Teachers Retirement Association fails to make full payment, the executive director is authorized to certify the amount of deficiency to the commissioner of management and budget, who shall deduct the amount from any state aid or appropriation applicable to the employing unit or entity, and transmit the withheld aid or appropriation to the executive director for deposit in the fund.