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ND HB1117

Bill

Official Source

Status

Passed

3/24/2025

Primary Sponsor

Government and Veterans Affairs

Click for details

Origin

House of Representatives

69th Legislative Assembly

AI Summary

  • Removes age-based required beginning dates for Teachers' Fund for Retirement benefit distributions, eliminating the previous rules tied to age 70½ or 72

  • Retains requirement that retirement payments must not exceed the life expectancy of the member or joint life expectancy of member and beneficiary

  • Requires minimum distributions to comply with Internal Revenue Code section 401(a)(9) as applicable to governmental plans

  • Passed unanimously in both chambers (House: 87-0, Senate: 47-0)

Legislative Description

Eligibility for normal retirement benefits.

Last Action

Filed with Secretary Of State 03/24

3/25/2025

Committee Referrals

State and Local Government2/5/2025
Government and Veterans Affairs1/7/2025

Full Bill Text

No bill text available