Title 15 — Education
120 chapters · 633 sections in this title.
N.D.C.C. § 15-39.2-01 Retired teachers - Election of coverage - Eligibility - Limitation
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Notwithstanding the provisions of chapter 15-39.1, any person who retired from teaching under the teachers' insurance and retirement fund prior to July 1, 1971, who had ten or more years of teaching credit under that program is entitled to elect to qualify for benefits under the …
N.D.C.C. § 15-39.2-01.1 Retired teachers - Minimum benefits
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Any teacher who was sixty-five years of age at retirement and who is eligible to receive or who is receiving benefits under former chapter 15-39 may receive benefits which are not less than: 1. Six dollars per month per year of teaching to twenty-five years. 2. Seven dollars and …
N.D.C.C. § 15-39.2-01.2 College teachers - Military service credit purchase
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College teachers who elected to remain under the provisions of chapter 15-39 may purchase military service as credit in the fund as allowed under the provisions of section 15-39.1-24.
N.D.C.C. § 15-39.2-02 Optional increase in benefits - Alternatives
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Any person entitled to make the election provided for in section 15-39.2-01 must be permitted, in the alternative, to accept a twenty percent increase in the person's current annuity or, if the person has at least seventeen years of teaching credit under the teachers' insurance a…
N.D.C.C. § 15-39.2-03 Limitation on elections on retirement programs
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Nothing in this chapter may be interpreted to permit any person to elect benefits under more than one of the options offered in this chapter, nor to permit any person to make more than one such election. 15-39.2-04. Beneficiaries of certain deceased teachers - Election - Contribu…
N.D.C.C. § 15-39.2-04.1 Beneficiaries of deceased college teachers
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If a college teacher who is eligible to make the election provided by this chapter dies prior to receiving an annuity, the college teacher's designated beneficiary may elect to receive a monthly annuity computed according to the provisions of this chapter in a manner which the de…
N.D.C.C. § 15-39.2-05 Benefits payable - Calculation
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A retired teacher who makes the election authorized under section 15-39.2-01 shall receive from the teachers' fund for retirement a benefit amount equal to the difference between the benefit payable under the single life annuity option to which that teacher would otherwise be ent…
N.D.C.C. § 15-39.2-06 College teachers - Election - Contribution to fund
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In lieu of the election provided for by section 15-39.2-01, a college teacher may elect prior to July 1, 1980, notwithstanding the provisions of section 15-39.1-25, to receive benefits in accordance with chapter 15-39.1 and section 15-39.2-08. A teacher who elects to receive such…
N.D.C.C. § 15-39.2-07 Assessments - Method of payment
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A college teacher making the election provided for in section 15-39.2-06 shall make the payment of the required assessments for the period prior to the election by a single sum payment in the manner provided for by the board of trustees of the teachers' fund for retirement. Payme…
N.D.C.C. § 15-39.2-08 Benefits
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Any college teacher making the election provided for in section 15-39.2-06 and paying the assessments provided for in section 15-39.2-07 is eligible for the same benefits as a public schoolteacher with like average salary and years of service would receive under section 15-39.1-1…