Title 071 · Title 71

Interest accrual on accumulated contributions for disabled annuitants.

Citation: N.D. Admin. Code § 71-02-05-09

Section: 71-02-05-09

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. History: 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 6