Committee gives due pass to technical corrections for PERS statutes
The committee reviewed Senate Bill 2121, a set of technical corrections to statutes administered by the North Dakota Public Employees Retirement System. NDPRS said changes do not alter benefits or require extra funding; the committee gave the bill a unanimous due pass.
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Rebecca Fricke, executive director of the North Dakota Public Employees Retirement System (NDPRS), introduced Senate Bill 2121 and described a set of technical corrections to retirement and benefits statutes. Fricke said the changes align statutory language with current administration, implement prior session changes (including fixes related to Bureau of Criminal Investigation vesting language), conform required minimum distribution ages to federal tax law, and allow Roth contributions in the deferred compensation plan per Secure 2.0 requirements. NDPRS said none of the bill's provisions have an actuarial effect or require additional funding.
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