North Dakota Administrative Code
Title 71 - Retirement Board
Article 71-08 - Defined Contribution Retirement Plan
Chapter 71-08-01 - Election and Transfer
Section 71-08-01-08 - Transfer of funds

Current through Supplement No. 394, October, 2024

Pursuant to subdivision a of subsection 4 of North Dakota Century Code section 15-10-17, funds may be transferred on behalf of those persons who are eligible through their employment with the state board of higher education. The following requirements apply:

1. Applicant must file a completed application for the teachers' insurance and annuity association of America - college retirement equities fund.

2. Notice of termination and verification of teachers' insurance and annuity association of America - college retirement equities fund eligibility must be filed by either the applicant or appropriate payroll officer.

3. A participating member is eligible to transfer that person's accumulated balance in the plan upon becoming a former participating member.

General Authority: NDCC 15-10-17

Law Implemented: NDCC 15-10-17

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