Statutes, codes, and regulations
North Dakota Administrative Code
Title 71 - Retirement BoardArticle 71-04 - Deferred Compensation Plan for Public Employees
Chapter 71-04-05 - Employer Responsibilities
Section 71-04-05-02 - Payroll deductions

N.D. Admin. Code 71-04-05-02

Download
PDF
Current through Supplement No. 395, January, 2025
Section 71-04-05-02 - Payroll deductions

The employer shall authorize employee payroll deductions only after receiving notification from the office. The participant agreement must indicate the date the payroll deduction is to start, the provider, and the contribution amount. Payroll deductions must be remitted to the office within ten days after each payroll period. Along with each payment, the employer must provide the office with a listing of deferred compensation deductions for all employees participating in the deferred compensation plan using the deferred compensation transmittal of deduction form or the approved electronic format.

N.D. Admin Code 71-04-05-02

Amended by Administrative Rules Supplement 2014-352, April 2014, effective April 1, 2014. .
Amended by Administrative Rules Supplement 2016-360, April 2016, effective 4/1/2016.

General Authority: NDCC 28-32-02, 54-52-03.2

Law Implemented: NDCC 54-52.2-02