North Dakota Code > Chapter 15-39.2 – Teacher Retirement Options


§ 15-39.2-01	Retired teachers – Election of coverage – Eligibility – Limitation
§ 15-39.2-01.1	Retired teachers – Minimum benefits
§ 15-39.2-01.2	College teachers – Military service credit purchase
§ 15-39.2-02	Optional increase in benefits – Alternatives
§ 15-39.2-03	Limitation on elections on retirement programs
§ 15-39.2-04	Beneficiaries of certain deceased teachers – Election – Contribution to fund
§ 15-39.2-04.1	Beneficiaries of deceased college teachers
§ 15-39.2-05	Benefits payable – Calculation
§ 15-39.2-06	College teachers – Election – Contribution to fund
§ 15-39.2-07	Assessments – Method of payment
§ 15-39.2-08	Benefits

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.
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}
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
Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
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
year: means twelve consecutive months. See North Dakota Code 1-01-33