NDAC 71-02-04-09.1
Dual membership limitations
Cite as N.D. Admin. Code ยง 71-02-04-09.1
The following limitations apply when a member elects an option under subsection 1 of section
71-02-04-09.
1.
Eligible service credit may be used for vesting purposes and determining when the dual
member may begin drawing normal retirement benefits. A member may begin drawing
retirement benefits from one fund and use the same years, and any additional years, for
reaching retirement from the alternate fund if the service credit is earned at different times.
2.
If a dual member elects to receive retirement benefits as provided in subsection 1 of section
71-02-04-09, the final average salary, service credit, and member's age used to calculate the
benefit that is applicable at the time retirement benefits begin may not be adjusted after the
benefit effective date.
3.
The salary used in calculating the retirement benefit must be provided in writing by the
alternate retirement system. Months not employed are excluded for the purpose of computing
the final average salary. If a dual member works less than thirty-six months at retirement, the
final average salary is the average salary for total months of employment.
4.
Any defined contribution plan membership under North Dakota Century Code chapter 54-52.6
is not eligible for dual membership service and vesting rights in the defined benefit plan under
North Dakota Century Code chapter 54-52.