N.D. Admin. Code 71-05-02-06

Current through Supplement No. 395, January, 2025

Section 71-05-02-06 - [Effective 1/1/2025] Cancellation of disability benefit

When a member receiving a disability benefit attains the member's normal retirement date, that member may elect to terminate that member's disability benefit and draw retirement benefits as specified in North Dakota Century Code section 39-03.1-11. Upon receipt of normal retirement benefits, interest accrual on the member account must end and benefit option factors must be based upon the actuarial retirement factors on the date of disability to normal conversion.

N.D. Admin Code 71-05-02-06

Effective May 1, 2004; amended effective July 1, 2006.

Amended by Administrative Rules Supplement 2024-395, January 2025, effective 1/1/2025.

General Authority: NDCC 39-03.1-06, 39-03.1-11

Law Implemented: NDCC 39-03.1-11