§ 15-39.1-01 Teachers’ fund for retirement created
§ 15-39.1-02 Prior fund terminated
§ 15-39.1-03 Rights under prior chapter preserved
§ 15-39.1-04 Definitions
§ 15-39.1-05.1 Board composition – Terms – Voting
§ 15-39.1-05.2 Board authority – Continuing appropriation
§ 15-39.1-06 Organization of board
§ 15-39.1-07 Vacancies – Rulemaking power
§ 15-39.1-08 Compensation of members
§ 15-39.1-09 Membership in fund and assessments – Employer payment of employee contribution
§ 15-39.1-10 Eligibility for normal retirement benefits
§ 15-39.1-10.1 Postretirement adjustments
§ 15-39.1-10.2 Postretirement adjustments
§ 15-39.1-10.3 Multiple plan membership – Eligibility for benefits – Amount of benefits
§ 15-39.1-10.4 Postretirement adjustments
§ 15-39.1-10.5 Postretirement adjustments
§ 15-39.1-10.6 Benefit limitations
§ 15-39.1-10.7 Postretirement adjustments
§ 15-39.1-10.8 Postretirement adjustments
§ 15-39.1-10.9 Postretirement adjustment
§ 15-39.1-10.10 Postretirement adjustment
§ 15-39.1-10.11 Postretirement adjustments
§ 15-39.1-10.12 Supplemental retiree benefit payment
§ 15-39.1-11 Vesting of rights
§ 15-39.1-12 Early reduced retirement benefits
§ 15-39.1-12.2 Benefit payments to alternate payee under domestic relations order
§ 15-39.1-14 Retirement not mandatory
§ 15-39.1-15 Withdrawal from fund – Return to teaching
§ 15-39.1-16 Option of teachers eligible to receive annuities
§ 15-39.1-17 Death of member
§ 15-39.1-18 Disability retirements
§ 15-39.1-19.1 Retired teachers return to active service – Annuities discontinued on resumption of teaching over annual hour limit
§ 15-39.1-19.2 Retired teachers return to active service – Critical shortage areas and disciplines – Rules
§ 15-39.1-20 Withdrawal from fund
§ 15-39.1-21 Effect on existing obligations
§ 15-39.1-22 Annual audit
§ 15-39.1-23 Penalties for failure to make required reports and payments
§ 15-39.1-24 Purchase of additional credit
§ 15-39.1-25 Certain rights and obligations fixed
§ 15-39.1-26 Investment of moneys in fund – Interest and earnings attributable to fund
§ 15-39.1-27 Computation of years of service
§ 15-39.1-28 Tax levy for teachers’ retirement
§ 15-39.1-29 Fraud against fund – Penalty
§ 15-39.1-30 Confidentiality of records
§ 15-39.1-31 Correction of errors – Adjustment to actuarial equivalent
§ 15-39.1-32 Correction of errors – Lump sum payment
§ 15-39.1-33 Employer service purchases
§ 15-39.1-34 Internal Revenue Code compliance
§ 15-39.1-35 Savings clause – Plan modifications

Terms Used In North Dakota Code > Chapter 15-39.1

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contingent beneficiary: Receiver of property or benefits if the first named beneficiary fails to receive any or all of the property or benefits in question before his (her) death.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Dependent: A person dependent for support upon another.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Ex officio: Literally, by virtue of one's office.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • following: when used by way of reference to a chapter or other part of a statute means the next preceding or next following chapter or other part. See North Dakota Code 1-01-49
  • Individual: means a human being. See North Dakota Code 1-01-49
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Legislative session: That part of a chamber's daily session in which it considers legislative business (bills, resolutions, and actions related thereto).
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Organization: includes a foreign or domestic association, business trust, corporation, enterprise, estate, joint venture, limited liability company, limited liability partnership, limited partnership, partnership, trust, or any legal or commercial entity. See North Dakota Code 1-01-49
  • Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
  • Property: includes property, real and personal. See North Dakota Code 1-01-49
  • Quorum: The number of legislators that must be present to do business.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Rule: includes regulation. See North Dakota Code 1-01-49
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • 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
  • Trustee: A person or institution holding and administering property in trust.
  • United States: includes the District of Columbia and the territories. See North Dakota Code 1-01-49
  • Venue: The geographical location in which a case is tried.
  • written: include "typewriting" and "typewritten" and "printing" and "printed" except in the case of signatures and when the words are used by way of contrast to typewriting and printing. See North Dakota Code 1-01-37
  • year: means twelve consecutive months. See North Dakota Code 1-01-33