North Dakota Administrative Code
Title 71 - Retirement Board
Article 71-03 - Uniform Group Insurance Program
Chapter 71-03-07 - Participation of Political Subdivisions Employer Responsibilities
Section 71-03-07-07 - Minimum requirements for political subdivisions
Current through Supplement No. 394, October, 2024
An enrolled political subdivision must extend the benefits of the group insurance program to its eligible employees and paid members of its board, commission, or association subject to minimum requirements established by the retirement board and a minimum period of participation of sixty months. If the political subdivision withdraws from participation before completing sixty months of participation, unless federal or state laws or rules are modified or interpreted in a way that makes participation by the political subdivision in the uniform group insurance program no longer allowable or appropriate, the political subdivision must make payment to the retirement board equal to the expenses incurred on behalf of that political subdivision's employees which exceed the income received by the retirement board on behalf of that political subdivision's employees during the time of participation. For purposes of this section:
1. "Expenses incurred" means:
2. "Income received" means all premiums paid by the political subdivision to the retirement board.
Full payment is due within three months after receipt of notice from the executive director, unless an alternative payment schedule has been approved by the retirement board. A late payment charge must be assessed on all money due on an account at a rate of one and three-fourths percent per month.
General Authority: NDCC 54-52-04, 54-52.1-03.1
Law Implemented: NDCC 54-52.1-02, 54-52.1-03, 54-52.1-03.1