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

Current through Supplement No. 394, October, 2024

Section 71-05-02-05 - Interest accrued on accumulated contributions for disabled annuitants

Effective January 1, 1998, interest shall accrue on accumulated contributions as defined in article 71-01 until the disabled annuitant reaches normal retirement age, cancels the benefit in accordance with section 71-05-02-06, the account is closed, or until benefit payments commence to the member's beneficiary.

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

Effective July 1, 1998; amended effective July 1, 2010.

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

Law Implemented: NDCC 39-03.1-11.4(d)