Donations of Gambling Funds
Cities, towns, and counties may not use donations from lawful gambling for the benefit of a pension or retirement fund. Therefore, even if a city or town finds it difficult to make the required municipal contribution to its firefighters’ pension fund, the city/town cannot use gambling funds for the contribution.
The governing statutes are Minn. Stat. §§ 349.12, subd. 25(c)(3), and 471.6151.
Date this Avoiding Pitfall was most recently published: 4/29/2022