N.D. Admin. Code 71-05-02-01.1

Current through Supplement No. 394, October, 2024
Section 71-05-02-01.1 - Conditions for changing to a disability retirement benefit from an early reduced retirement benefit

A member may elect to start receiving an early reduced retirement benefit, should the member be eligible to do so, pending a disability determination or appeal. During this period, the member's account will be handled in the same manner as all early reduced retirement benefits. Upon receiving a disability determination, interest accrual on the member's account shall resume beginning the first of the month following notice of the determination, continuing to accrue on the annuitant's accumulated contribution until the annuitant reaches the annuitant's normal retirement date. The disability benefit will be calculated and a differential payment made retroactive to the first day of the month following the member's termination from covered employment.

N.D. Admin Code 71-05-02-01.1

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

General Authority: NDCC 39-03.1-06, 39-03.1-11

Law Implemented: NDCC 39-03.1-11