North Dakota Code 40-45-16 – Increase of assessments by city having police retirement system based upon actuarial tables
Current as of: 2023 | Check for updates
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If the mill levy provided for in section 40-45-01, together with contributions from beneficiaries and funds received from other sources as provided in this chapter, is inadequate or insufficient to establish a retirement system based upon actuarial tables, the governing body, in order to establish such system upon an actuarial basis, may increase the amount of the contributions from beneficiaries.