Chapter 54-52 - PUBLIC EMPLOYEES RETIREMENT SYSTEM
- Section 54-52-01 - [Effective Until 1/1/2025, or the date which must be before 1/1/2025, identified in a certification by the retirement board, only if the board certifies to the legislative council that the public employees retirement system is prepared to close the main system defined benefit retirement plan on the day before the date identified by the board, and to open the new defined contribution retirement plan on the date identified by the board] Definition of terms
- Section 54-52-01 - [Effective 1/1/2025, or on the date which must be before 1/1/2025, identified in a certification by the retirement board, only if the board certifies to the legislative council that the public employees retirement system is prepared to close the main system defined benefit retirement plan on the day before the date identified by the board, and to open the new defined contribution retirement plan on the date identified by the board] Definition of terms
- Section 54-52-02 - Formulation of plan - Exclusion of employees covered by plans in existence
- Section 54-52-02.1 - Political subdivisions authorized to join public employees retirement system
- Section 54-52-02.2 - Employee referendum - Authorization and supervision
- Section 54-52-02.3 - Newly elected supreme and district court judges
- Section 54-52-02.4 - [Repealed]
- Section 54-52-02.5 - [Effective Until 1/1/2025 , or the day before the date identified if the contingency is satisfied] Newly elected and appointed state officials
- Section 54-52-02.5 - [Effective 1/1/2025 - See Note] Newly elected and appointed state officials
- Section 54-52-02.5 - [Effective on the date which must be before 1/1/2025, identified in a certification by the retirement board, only if the board certifies to the legislative council that the public employees retirement system is prepared to close the main system defined benefit retirement plan on the day before the date identified by the board, and to open the new defined contribution retirement plan on the date identified by the board] Newly elected and appointed state officials
- Section 54-52-02.6 - Repurchase of past service upon re-employment
- Section 54-52-02.7 - [Repealed]
- Section 54-52-02.8 - [Repealed]
- Section 54-52-02.9 - [Effective Until 1/1/2025, or the date which must be before 1/1/2025, identified in a certification by the retirement board, only if the board certifies to the legislative council that the public employees retirement system is prepared to close the main system defined benefit retirement plan on the day before the date identified by the board, and to open the new defined contribution retirement plan on the date identified by the board] Participation by temporary employees
- Section 54-52-02.9 - [Effective 1/1/2025] Participation by temporary employees
- Section 54-52-02.9 - [Effective on the date which must be before 1/1/2025, identified in a certification by the retirement board, only if the board certifies to the legislative council that the public employees retirement system is prepared to close the main system defined benefit retirement plan on the day before the date identified by the board, and to open the new defined contribution retirement plan on the date identified by the board] Participation by temporary employees
- Section 54-52-02.10 - [Deleted]
- Section 54-52-02.11 - [Effective Until 1/1/2025, or the date which must be before 1/1/2025, identified in a certification by the retirement board, only if the board certifies to the legislative council that the public employees retirement system is prepared to close the main system defined benefit retirement plan on the day before the date identified by the board, and to open the new defined contribution retirement plan on the date identified by the board] Participation requirements for nonstate elected officials
- Section 54-52-02.11 - [Effective 1/1/2025] Participation requirements for nonstate elected officials
- Section 54-52-02.11 - [Effective on the date which must be before 1/1/2025, identified in a certification by the retirement board, only if the board certifies to the legislative council that the public employees retirement system is prepared to close the main system defined benefit retirement plan on the day before the date identified by the board, and to open the new defined contribution retirement plan on the date identified by the board] Participation requirements for nonstate elected officials
- Section 54-52-02.12 - [Effective Until 1/1/2025, or the date which must be before 1/1/2025, identified in a certification by the retirement board, only if the board certifies to the legislative council that the public employees retirement system is prepared to close the main system defined benefit retirement plan on the day before the date identified by the board, and to open the new defined contribution retirement plan on the date identified by the board] Participation requirements for nonstate appointed officials
- Section 54-52-02.12 - [Effective 1/1/2025] Participation requirements for nonstate appointed officials
- Section 54-52-02.12 - [Effective on the date which must be before 1/1/2025, identified in a certification by the retirement board, only if the board certifies to the legislative council that the public employees retirement system is prepared to close the main system defined benefit retirement plan on the day before the date identified by the board, and to open the new defined contribution retirement plan on the date identified by the board] Participation requirements for nonstate appointed officials
- Section 54-52-02.13 - Participation by nonteaching employees of the office of the superintendent of public instruction
- Section 54-52-02.14 - Participation by employees of the state board for career and technical education
- Section 54-52-02.15 - [Effective 1/1/2025] Public employees retirement system main plan - Closure to new hires - Multiple plan membership
- Section 54-52-02.15 - [Effective on the date which must be before 1/1/2025, identified in a certification by the retirement board, only if the board certifies to the legislative council that the public employees retirement system is prepared to close the main system defined benefit retirement plan on the day before the date identified by the board, and to open the new defined contribution retirement plan on the date identified by the board] Public employees retirement system main plan - Closure to new hires - Multiple plan membership
- Section 54-52-03 - Governing authority
- Section 54-52-04 - Board authority
- Section 54-52-05 - [Effective Until 1/1/2025, or the date which must be before 1/1/2025, identified in a certification by the retirement board, only if the board certifies to the legislative council that the public employees retirement system is prepared to close the main system defined benefit retirement plan on the day before the date identified by the board, and to open the new defined contribution retirement plan on the date identified by the board] embership and assessments - Employer payment of employee contributions
- Section 54-52-05 - [Effective 1/1/2025, or on the date which must be before 1/1/2025, identified in a certification by the retirement board, only if the board certifies to the legislative council that the public employees retirement system is prepared to close the main system defined benefit retirement plan on the day before the date identified by the board, and to open the new defined contribution retirement plan on the date identified by the board] Membership and assessments - Employer payment of employee contributions
- Section 54-52-06 - [Effective Until 1/1/2026] Employer's contribution to retirement plan - Report to the employee benefits programs committee
- Section 54-52-06 - [Effective 1/1/2026] Employer's contribution to retirement plan - Report to the employee benefits programs committee
- Section 54-52-06.1 - Contribution by supreme and district court judges - Employer contribution
- Section 54-52-06.2 - Contribution by national guard security officers or firefighters - Employer contribution
- Section 54-52-06.3 - Contribution by peace officers, firefighters, and correctional officers employed by political subdivisions - Employer contribution
- Section 54-52-06.4 - [Retroactive application - See note] Contribution by peace officers employed by the state or security officers employed by the national guard - Employer contribution
- Section 54-52-06.5 - [Repealed Effective 1/1/2025] Reduction in member and employer contributions
- Section 54-52-07 - Governmental unit contribution is retirement contribution
- Section 54-52-08 - State income tax deductions
- Section 54-52-09 - Exemption from state premium tax
- Section 54-52-10 - Allocation of funds
- Section 54-52-10.1 - Payment of benefits and other costs
- Section 54-52-11 - [Repealed]
- Section 54-52-11.1 - Vesting of employer contributions
- Section 54-52-12 - [Repealed]
- Section 54-52-13 - Deposit of moneys - Appropriation
- Section 54-52-13.1 - Retirement benefits - Continuing appropriation
- Section 54-52-14 - Acceptance of money and property by the board
- Section 54-52-14.1 - Investment of moneys in fund
- Section 54-52-14.2 - Interest and earnings attributable to administered funds
- Section 54-52-14.3 - [Effective Until 1/1/2025, or on the date which must be before 1/1/2025, identified in a certification by the retirement board, only if the board certifies to the legislative council that the public employees retirement system is prepared to close the main system defined benefit retirement plan on the day before the date identified by the board, and to open the new defined contribution retirement plan on the date identified by the board] Public employee retirement funds - Use and investment
- Section 54-52-14.3 - [Effective 1/1/2025, or on the date which must be before 1/1/2025, identified in a certification by the retirement board, only if the board certifies to the legislative council that the public employees retirement system is prepared to close the main system defined benefit retirement plan on the day before the date identified by the board, and to open the new defined contribution retirement plan on the date identified by the board] Public employee retirement funds - Use and investment
- Section 54-52-15 - [Repealed]
- Section 54-52-16 - Insurance contracts - Trust agreements
- Section 54-52-17 - Formulation of plan
- Section 54-52-17.1 - Actuarial studies required
- Section 54-52-17.2 - [Effective Until 1/1/2025, or on the date which must be before 1/1/2025, identified in a certification by the retirement board, only if the board certifies to the legislative council that the public employees retirement system is prepared to close the main system defined benefit retirement plan on the day before the date identified by the board, and to open the new defined contribution retirement plan on the date identified by the board] Multiple plan membership - Eligibility for benefits - Amount of benefits
- Section 54-52-17.2 - [Effective 1/1/2025, or on the date which must be before 1/1/2025, identified in a certification by the retirement board, only if the board certifies to the legislative council that the public employees retirement system is prepared to close the main system defined benefit retirement plan on the day before the date identified by the board, and to open the new defined contribution retirement plan on the date identified by the board] Multiple plan membership - Eligibility for benefits - Amount of benefits
- Section 54-52-17.3 - Purchase of legislative service credit
- Section 54-52-17.4 - Purchase of additional credit
- Section 54-52-17.5 - Postretirement adjustments
- Section 54-52-17.6 - Benefit payments to alternate payee under qualified domestic relations order
- Section 54-52-17.7 - Employment records
- Section 54-52-17.8 - [Repealed]
- Section 54-52-17.9 - [Repealed]
- Section 54-52-17.10 - Prior service retiree adjustment
- Section 54-52-17.11 - Judges postretirement adjustments
- Section 54-52-17.12 - [Repealed]
- Section 54-52-17.13 - Supplemental retiree benefit payment
- Section 54-52-17.14 - Military service under the Uniformed Services Employment and Reemployment Rights Act - Member retirement credit
- Section 54-52-18 - [Repealed]
- Section 54-52-19 - [Repealed]
- Section 54-52-19.1 - Continuance of prior service benefits earned under former plan
- Section 54-52-19.2 - [Repealed]
- Section 54-52-20 - [Repealed]
- Section 54-52-21 - Plan not employment contract
- Section 54-52-22 - Interpretation clause
- Section 54-52-23 - Savings clause - Plan modifications
- Section 54-52-24 - [Repealed]
- Section 54-52-25 - [Repealed]
- Section 54-52-26 - Confidentiality of records
- Section 54-52-27 - Purchase of sick leave credit
- Section 54-52-28 - Internal Revenue Code compliance
- Section 54-52-29 - Employer service purchases