ND HB1183

Creates separate retirement plan categories for peace officers employed by the state versus the bureau of criminal investigation, establishing different contribution rates and retirement eligibility requirements.

Peace officers employed by the state (excluding bureau of criminal investigation) must contribute 6% of monthly salary, while those employed by the bureau of criminal investigation contribute 4% with scheduled increases.

Establishes age 55 with 3 years of service as the normal retirement date for peace officers employed by the bureau of criminal investigation or political subdivisions, and age 50 with 3 years of service as early retirement date.

Peace officers employed by the state (other than bureau of criminal investigation) become eligible for early retirement at age 50 with 3 years of service and normal retirement at age 55 with 3 years of service.

Directs the legislative management to study peace officer and public safety retirement plans during 2023-24 interim, including benefits, contributions, and how other states structure these plans, with findings due to the 69th legislative assembly.