Section 423B.20 Suspension of Normal Cost Contributions

423B.20 SUSPENSION OF NORMAL COST CONTRIBUTIONS.

Notwithstanding the provisions of section 69.77 or any other law to the contrary, if a total excess asset amount exists, as defined in section 423B.01, subdivision 19, the city is not required to make a contribution to the fund for the normal cost of active members.

History:

2000 c 461 art 17 s 4