N.D. Admin. Code 82-05-02-05

Current through Supplement No. 394, October, 2024
Section 82-05-02-05 - Partial lump sum distribution option

A member who is eligible for an unreduced service retirement annuity may receive a portion of the retirement annuity paid in a lump sum distribution as provided in North Dakota Century Code section 15-39.1-16. The lump sum distribution may be paid in a direct rollover as outlined in North Dakota Century Code section 15-39.1-20.

N.D. Admin Code 82-05-02-05

Effective May 1, 2004.

General Authority: NDCC 15-39.1-07

Law Implemented: NDCC 15-39.1-16