North Dakota § 54-52-29 - Employer service purchases
Full text of North Dakota North Dakota Century Code § 54-52-29 — Employer service purchases, with citation guidance and answers to common questions.
§ 54-52-29. Employer service purchases
A participating employer may purchase additional service credit on behalf of a member under the following conditions: 1. The member may not be given the option to choose between an employer service purchase and an equivalent amount paid in cash. 2. The member must meet one of the following conditions at the time the purchase is made: a. The member's age plus service credit must be equal to or greater than seventy-five; or b. The member's age must be at least fifty-five and the member must have at least three years of service credit. 3. The board must determine the purchase price on an actuarially equivalent basis, taking into account the contributions necessary for both the retirement program and the retiree health benefits fund. 4. The purchase must be completed before the member's retirement. 5. The employer may purchase a maximum of five years of service credit on behalf of the member. 6. The employer must pay the purchase price for the service credit purchased under this section in a lump sum.
Source: official North Dakota text · Last verified 2026-08-27
Frequently Asked Questions About North Dakota § 54-52-29
What does North Dakota Century Code § 54-52-29 cover?
Section 54-52-29 ("Employer service purchases") is part of the North Dakota Century Code, the codified statutory law of North Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite North Dakota § 54-52-29?
A common citation format is "North Dakota Century Code § 54-52-29" (North Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of North Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Dakota official source linked on this page or consult a licensed North Dakota attorney.
How does North Dakota § 54-52-29 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in North Dakota.