The public employees retirement board, acting on behalf of each state agency, department, board, commission, or institution, may enter into contractual agreements with employees of a state agency, department, board, commission, or institution on behalf of the state to defer any portion of that employee’s compensation allowed under section 457 of the Internal Revenue Code [26 U.S.C. § 457].

Terms Used In North Dakota Code 54-52.2-02

  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49