North Dakota § 54-52.2-09 Employer match for members of defined contribution retirement plan

North Dakota Statutes

§ 54-52.2-09 — Employer match for members of defined contribution retirement plan

North Dakota § 54-52.2-09

Title 54State Government

Ch. 54-52.2Deferred Compensation Plan for Public Employees

This text of North Dakota § 54-52.2-09 (Employer match for members of defined contribution retirement plan) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 54-52.2-09 (2026).

Text

An employee who first participated in the defined contribution retirement plan under chapter
54-52.6 after December 31, 2024, who elects to contribute less than the optional three percent
of wages or salary under subdivision b of subsection 1 of section 54-52.6-09, who participates in
the deferred compensation program under this chapter, qualifies for employer matching of
contributions made under this section. The employee may elect to contribute an amount of
wages or salary which does not exceed any remaining balance of the optional three percent
contribution and the employer shall match this contribution. This section does not limit the ability
of an employee to contribute unmatched wages or salary under this chapter, subject to federal
contribution limitations.
Employer match for member

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An employee who first participated in the defined contribution retirement plan under chapter
54-52.6 after December 31, 2024, who elects to contribute less than the optional three percent
of wages or salary under subdivision b of subsection 1 of section 54-52.6-09, who participates in
the deferred compensation program under this chapter, qualifies for employer matching of
contributions made under this section. The employee may elect to contribute an amount of
wages or salary which does not exceed any remaining balance of the optional three percent
contribution and the employer shall match this contribution. This section does not limit the ability
of an employee to contribute unmatched wages or salary under this chapter, subject to federal
contribution limitations.
Employer match for members of defined contribution retirement plan. (Effective on
the date identified if the contingency is satisfied) (Contingent effective date - See note)
An employee who first participated in the defined contribution retirement plan under chapter
54-52.6 after the day before the effective date of this Act, who elects to contribute less than the

optional three percent of wages or salary under subdivision b of subsection 1 of section
54-52.6-09, who participates in the deferred compensation program under this chapter, qualifies
for employer matching of contributions made under this section. The employee may elect to
contribute an amount of wages or salary which does not exceed any remaining balance of the
optional three percent contribution and the employer shall match this contribution. This section
does not limit the ability of an employee to contribute unmatched wages or salary under this
chapter, subject to federal contribution limitations.