Organization of the state retirement and investment office

1. Organization and administration. a. History. Chapter 667 of the 1989 Session Laws created the state retirement and investment office with the law expiring on June 30, 1991. Chapter 628 of the 1991 Session Laws extended the expiration date until June 30, 1993. In 1993, the legislative assembly repealed the expiration date creating North Dakota Century Code chapter 54-52.5. The office was created to coordinate the activities of the state investment board and the teachers' fund for retirement. b. Governing authority. The state investment board is the governing authority of the state retirement and investment office. This authority is established by North Dakota Century Code section 54-52.5-02. The board is responsible for overseeing and operating the agency to coordinate the activities of the state investment board and the teachers' fund for retirement. 2. Description of portion of organization and functions subject to North Dakota Century Code chapter 28-32. The state retirement and investment office is an administrative agency under subsection 2 of North Dakota Century Code section 28-32-01. 3. Inquiries. General inquiries and questions may be sent to the address listed on the agency website at www.rio.nd.gov.