N.D. Cent. Code § 54-52.6-09.2: Additional employer contributions

Additional lump sum contributions by an employer to a participating member's defined contribution retirement plan account may be made if the participating member has not retired and has not received a retirement benefit under this chapter. Contributions may be made in an amount actuarially equivalent to the amounts determined pursuant to chapter 54-52 as follows:

1.For the conversion of sick leave pursuant to section 54-52-27 if the participating member has four or more years of service.

2.The equivalent of up to five years of service credit unrelated to any other eligible service as provided in subsection 5 of section 54-52-29 if the participating member has twenty-five or more years of service.