§ 54-52-02.1 — Political subdivisions authorized to join public employees retirement system

North Dakota § 54-52-02.1

• Jurisdiction: North Dakota
• Title 54: State Government
• Ch. 54-52: Public Employees Retirement System

Text

system.
1. A political subdivision may, on behalf of its permanent employees, on behalf of its
peace officers, firefighters, dispatchers, emergency medical services personnel, and
correctional officers separately from its other employees, and permanent noncertified
employees only in the case of school districts, enter agreements with the retirement
board for the purpose of extending the benefits of the public employees retirement
system, as provided in this chapter or chapter 54-52.6, to those employees. The
agreement may, in accordance with this chapter and chapter 54-52.6, contain
provisions relating to benefits, contributions, effective date, modification,
administration, and other appropriate provisions as the retirement board and the
political subdivision agree upon, but the agreement must provide:
a. The political subdivision will contribute on behalf of each eligible employee an
amount equal to that provided in section 54-52-06 or 54-52-06.3 for peace
officers, firefighters, dispatchers, emergency medical services personnel, and
correctional officers participating separately from other political subdivision
employees.
b. A portion of the moneys paid by the political subdivision may be used to pay
administrative expenses of the retirement board.
2. Notwithstanding any other provision of law, a political subdivision having an existing
police, dispatcher, emergency medical services personnel, or firefighter pension plan
may merge that plan into the public employees retirement system under rules adopted
by and in a manner determined by the board.

3. Notwithstanding any other provision of this chapter, a political subdivision of this state
not currently participating in the public employees retirement system may not become
a participant in the retirement system until an actuarial study is performed under the
direction of the board to calculate the required employer contribution for any past
service liability and the required employer contribution must be an amount determined
sufficient to amortize and fund any past service liability over a period not to exceed
thirty years as determined by the board. Any fees incurred in performing the actuarial
study must be paid for by the political subdivision in a manner determined by the
board.