Taxation of contributions and benefits.

82-04-01-03. Taxation of contributions and benefits. Contributions to the fund by participating employers are not subject to taxation as income or wages under state or federal law. Benefits paid by the fund to a member are subject to taxation as income under state and federal law when distributed. History: Effective September 1, 1990. General Authority: NDCC 15-39.1-07 Law Implemented: NDCC 15-39.1-07, 15-39.1-09(2), 21-10-07