PERS staff outline rule changes to implement defined‑contribution transition after House Bills
NDEPRS staff presented detailed administrative‑rule changes stemming from House Bill 1040 and special‑session House Bill 1547, covering board membership, benefit calculations, defined‑contribution enrollment mechanics and new beneficiary and contribution sections; staff warned some items will need further legislative or administrative fixes.
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Rebecca Frikey, executive director of the North Dakota Public Employees Retirement System, presented an extensive set of administrative‑rule amendments to implement statutory changes from House Bill 1040 and special‑session House Bill 1547.
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