52-09 Old-Age and Survivor Insurance

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CHAPTER 52-09OLD-AGE AND SURVIVOR INSURANCE52-09-01. System established. A retirement system is hereby created and establishedto become effective July 1, 1947, and to be known as the old-age and survivor insurance system,<br>hereinafter called system.52-09-02. Purpose of chapter. The purpose of this chapter is to promote economy andefficiency in the public service by providing an orderly means by which employees who become<br>superannuated may, without hardship or prejudice, be replaced by more capable employees, and<br>to that end providing a retirement system which will provide for the payment of annuities to public<br>employees or to their beneficiaries thereby enabling the employees to care for themselves and<br>their dependents, in old age or death, and which by its provisions will improve public employment<br>within the state, reduce excessive personnel turnover, and offer suitable attraction to high grade<br>men and women to enter public service in the state.52-09-02.1. Administration of chapter - Definition. The retirement board responsiblefor managing the public employees retirement system under chapter 54-52 shall administer this<br>chapter and the retirement system described in this chapter. The state treasurer shall manage<br>the old-age and survivors' insurance trust fund as provided in section 52-09-06. As used in this<br>chapter, the terms "bureau" and "agency" mean the retirement board of the public employees<br>retirement system, or that board's designated staff.52-09-03. Administration. The agency is vested with authority to administer the old-ageand survivor insurance system. Expenses for the administration of the system must be within the<br>limits of legislative appropriation.52-09-04. Enforcement of provisions of chapter. 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height:815px; text-align:center;\"\u003eLoading PDF...\u003c/div\u003e\u003cscript type=\"text/javascript\"\u003e var pdf_url = 'https://law.justia.com/codes/north-dakota/2009/t52/pdf/t52c09.pdf'; $(document).ready(function() { var embedwindow = $(\"#embed_document\"); if ($.browser.msie){ embedwindow.html('\u003cembed src=\"'+pdf_url+'\" width=\"100%\" height=\"100%\"\u003e\u003c/embed\u003e'); } else { embedwindow.html('\u003ciframe style=\"width:100%; height:100%;\" src=\"https://docs.google.com/gview?url='+window.escape(pdf_url)+'\u0026embedded=true\" frameborder=\"0\"\u003e\u003c/iframe\u003e'); } });\u003c/script\u003e\u003cbr\u003e\u003cbr\u003e\u003cnoframes\u003eCHAPTER 52-09OLD-AGE AND SURVIVOR INSURANCE52-09-01. System established. A retirement system is hereby created and establishedto become effective July 1, 1947, and to be known as the old-age and survivor insurance system,\u003cbr\u003ehereinafter called system.52-09-02. Purpose of chapter. The purpose of this chapter is to promote economy andefficiency in the public service by providing an orderly means by which employees who become\u003cbr\u003esuperannuated may, without hardship or prejudice, be replaced by more capable employees, and\u003cbr\u003eto that end providing a retirement system which will provide for the payment of annuities to public\u003cbr\u003eemployees or to their beneficiaries thereby enabling the employees to care for themselves and\u003cbr\u003etheir dependents, in old age or death, and which by its provisions will improve public employment\u003cbr\u003ewithin the state, reduce excessive personnel turnover, and offer suitable attraction to high grade\u003cbr\u003emen and women to enter public service in the state.52-09-02.1. Administration of chapter - Definition. The retirement board responsiblefor managing the public employees retirement system under chapter 54-52 shall administer this\u003cbr\u003echapter and the retirement system described in this chapter. The state treasurer shall manage\u003cbr\u003ethe old-age and survivors' insurance trust fund as provided in section 52-09-06. As used in this\u003cbr\u003echapter, the terms \u0026quot;bureau\u0026quot; and \u0026quot;agency\u0026quot; mean the retirement board of the public employees\u003cbr\u003eretirement system, or that board's designated staff.52-09-03. Administration. The agency is vested with authority to administer the old-ageand survivor insurance system. Expenses for the administration of the system must be within the\u003cbr\u003elimits of legislative appropriation.52-09-04. Enforcement of provisions of chapter. 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