Refund of accumulated contributions shall cancel all service credit accumulated prior to the refund and shall extinguish the right to any benefits provided by North Dakota Century Code chapter 54-52. Any former member returning their refund, with interest at the actuarial rate of return, within sixty days from withdrawal must be reinstated.
N.D. Admin Code 71-02-06-02
General Authority: NDCC 54-52-04, 54-52-17
Law Implemented: NDCC 54-52-17