Section 424A.10 — State Supplemental Benefit; Volunteer Firefighters.
424A.10 STATE SUPPLEMENTAL BENEFIT; VOLUNTEER FIREFIGHTERS. Subdivision 1. Definitions. For purposes of this section: (1) “qualified recipient” means a volunteer firefighter who receives a lump-sum distribution of pension or retirement benefits from a volunteer firefighters relief association or from the statewide volunteer firefighter plan; (2) “survivor of a deceased active or deferred volunteer firefighter” means […]
Section 424B.001 — Application Of Chapter 424a.
424B.001 APPLICATION OF CHAPTER 424A. This chapter must be read in conjunction with chapter 424A. For the purposes of this chapter, the definitions and other provisions of chapter 424A apply where not inconsistent with this chapter. History: 2021 c 22 art 10 s 6
Section 424B.01 — Definitions.
424B.01 DEFINITIONS. Subdivision 1. Generally. Unless the context of the provision indicates that a different meaning is intended, each of the terms in the following subdivisions has the meaning indicated. Subd. 2. Applicable municipality. “Applicable municipality” means the municipality or municipalities in which a consolidating relief association is located and to which a consolidating relief […]
Section 424A.07 — Nonprofit Firefighting Corporations; Establishment Of Relief Associations.
424A.07 NONPROFIT FIREFIGHTING CORPORATIONS; ESTABLISHMENT OF RELIEF ASSOCIATIONS. Before paying any service pensions or retirement benefits under section 424A.02 or before becoming entitled to receive any amounts of fire state aid upon transmittal from a contracting municipality under section 477B.04, subdivision 3, an independent nonprofit firefighting corporation shall establish a volunteer firefighters relief association governed […]
Section 424A.014 — Financial Report; Bond; Examination.
424A.014 FINANCIAL REPORT; BOND; EXAMINATION. Subdivision 1. Financial report and audit. (a) An annual financial report and audited financial statements in accordance with paragraphs (c) to (e) must be submitted by the board of trustees of the Bloomington Fire Department Relief Association and the board of trustees of each volunteer firefighters relief association with special […]
Section 424A.015 — Generally Applicable Volunteer Firefighters Relief Association Pension Plan Regulation.
424A.015 GENERALLY APPLICABLE VOLUNTEER FIREFIGHTERS RELIEF ASSOCIATION PENSION PLAN REGULATION. Subdivision 1. Separation from active service; exception. (a) No service pension is payable to a person while the person remains an active member of the respective fire department, and a person who is receiving a service pension is not entitled to receive any other benefits […]
Section 424A.016 — Defined Contribution Volunteer Firefighters Relief Association Specific Regulation.
424A.016 DEFINED CONTRIBUTION VOLUNTEER FIREFIGHTERS RELIEF ASSOCIATION SPECIFIC REGULATION. Subdivision 1. Defined contribution relief association authorization. If the articles of incorporation or the bylaws governing the volunteer firefighters relief association so provide exclusively, the relief association may pay a defined contribution lump-sum service pension instead of a defined benefit service pension governed by section 424A.02. […]
Section 424A.02 — Defined Benefit Relief Associations; Service Pensions.
424A.02 DEFINED BENEFIT RELIEF ASSOCIATIONS; SERVICE PENSIONS. Subdivision 1. Authorization. (a) A defined benefit relief association, when its articles of incorporation or bylaws so provide, may pay out of the assets of its special fund a defined benefit service pension to each of its members who: (1) separates from active service with the fire department; […]
Section 424A.021 — Credit For Break In Service To Provide Uniformed Service.
424A.021 CREDIT FOR BREAK IN SERVICE TO PROVIDE UNIFORMED SERVICE. Subdivision 1. Authorization. Subject to restrictions stated in this section, a volunteer firefighter who is absent from firefighting service due to service in the uniformed services, as defined in United States Code, title 38, section 4303(13), may obtain service credit if the relief association is […]
Section 424A.03 — Volunteer Firefighter Service Pension And Retirement Benefits Based On Service.
424A.03 VOLUNTEER FIREFIGHTER SERVICE PENSION AND RETIREMENT BENEFITS BASED ON SERVICE. Subdivision 1. Service pensions based on years of service. A relief association must provide service pensions or retirement benefits to its members based on the years of service of the members, not on the compensation paid to the members for their service. Subd. 2. […]