North Dakota Statutes
§ 40-46-17 — Insufficiency of pension fund to meet withdrawals - Apportioning contents of fund to pensioned persons
of fund to pensioned persons.
Whenever the sums of money in the employees' pension fund shall be insufficient to meet
the demands of the withdrawals due to retirements, the board of trustees, in its judgment, shall
apportion among the employees entitled to a pension such amount as is available in the
pension fund.
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Nearby Sections
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§ 40-01-01
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Official newspaper of municipality§ 40-01-13
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