Minnesota State Colleges and Universities must locate a missing IRAP account or pay $25,000 to eligible former Winona State University employees.

The bill mandates that Minnesota State Colleges and Universities locate the missing IRAP account of eligible individuals or compensate them with $25,000. Eligible persons are those who were employed by Winona State University from July 1, 1991, to June 30, 1996, and have pay stubs showing payroll deductions for the IRAP during specific dates in 1991 through 1994. The board of trustees must either locate the IRAP account and provide relevant information or make the payment within 60 days of the bill's enactment.

Minnesota State Colleges and Universities must locate a missing IRAP account or pay $25,000 to eligible former Winona State University employees.

The bill mandates that Minnesota State Colleges and Universities locate the missing IRAP account of eligible individuals or compensate them with $25,000. Eligible persons are those who were employed by Winona State University from July 1, 1991, to June 30, 1996, and have pay stubs showing payroll deductions for the IRAP during specific dates in 1991 through 1994. The board of trustees must either locate the IRAP account and provide relevant information or make the payment within 60 days of the bill's enactment.