North Dakota § 40-45-11 Eligibility for retirement because of disability

North Dakota Statutes

§ 40-45-11 — Eligibility for retirement because of disability

North Dakota·Title 40 Municipal Government·Ch. 40-45 Police Pensions in Cities

forty months, has contributed voluntarily to the police pension fund, and who voluntarily and
while in good standing as a member has left employment of such city, shall be entitled to elect
retirement instead of refund at a pension equal to the proportion of a full pension which the total
number of months employed by the city bears to two hundred forty months, but no pension shall
be paid while the person lives until the person reaches the age of sixty years. Notwithstanding
the provisions of this section, upon the approval of the governing body of the municipality, and
at the discretion of the board of trustees if it shall find that the actuarial soundness of the fund
would not be materially impaired, any member otherwise qualifying in accordance with the
provisions of this section may re

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forty months, has contributed voluntarily to the police pension fund, and who voluntarily and
while in good standing as a member has left employment of such city, shall be entitled to elect
retirement instead of refund at a pension equal to the proportion of a full pension which the total
number of months employed by the city bears to two hundred forty months, but no pension shall
be paid while the person lives until the person reaches the age of sixty years. Notwithstanding
the provisions of this section, upon the approval of the governing body of the municipality, and
at the discretion of the board of trustees if it shall find that the actuarial soundness of the fund
would not be materially impaired, any member otherwise qualifying in accordance with the
provisions of this section may retire if the person has reached the age of fifty-five years.

North Dakota § 40-45-11 (Eligibility for retirement because of disability) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.