North Dakota Code 54-52-17.5 – Postretirement adjustments
Current as of: 2023 | Check for updates
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An individual or the individual’s beneficiary who, on July 31, 2001, is receiving retirement benefits under subdivision a, c, d, or e of subsection 4 of section 54-52-17 is entitled to receive an increase in benefits equal to six percent of the individual’s present benefits with the increase payable beginning August 1, 2001.
Terms Used In North Dakota Code 54-52-17.5
- 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
- Individual: means a human being. See North Dakota Code 1-01-49