N.D. Admin. Code 71-02-05-09

Current through Supplement No. 394, October, 2024
Section 71-02-05-09 - Interest accrual on accumulated contributions for disabled annuitants

Effective January 1, 1998, interest must accrue on accumulated contributions as defined in article 71-02 until the disabled annuitant reaches that person's normal retirement age, cancels the benefit in accordance with section 71-02-05-03, the account is closed, or until benefit payments commence to the member's beneficiary.

N.D. Admin Code 71-02-05-09

Effective July 1, 1998; amended effective May 1, 2004; July 1, 2006; July 1, 2010.

General Authority: NDCC 54-52-04

Law Implemented: NDCC 54-52-17