Title 071 · Title 71

Interest accrued on accumulated contributions for disabled annuitants.

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

Section: 71-05-02-05

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. History: 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)