Refund of accumulated contributions cancels all service credit accumulated prior to the refund and extinguishes the right to any benefits provided by North Dakota Century Code chapter 39-03. Any former member returning the member's refund, with interest at the actuarial rate of return, within sixty days from withdrawal must be reinstated.
N.D. Admin Code 71-05-06-02
General Authority: NDCC 39-03.1-06
Law Implemented: NDCC 39-03.1-10.1