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Feature Article

Pension FAQ

Who is affected by the closure of the NDPERS defined-benefit plan?

At the end of the 2023 legislative session, Governor Burgum signed into law HB 1040. The law closes the North Dakota Public Employees Retirement System (NDPERS) defined-benefit retirement plan to new hires as of Jan. 1, 2025. This will affect new state employees, city and county employees, and education support professionals in districts across the state. The law will also create significant stress on NDPERS to sustain benefits for current employees as the closed plan will have to take on far less risk by investing conservatively. While supporters of this misguided idea like to suggest it will not impact current employees, the history of other closed defined-benefit plans around the country suggests we need to be vigilant to protect the plan. 

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With more than 11,500 members across the state, NDU supports equal opportunities for success for ALL North Dakota students, and respect and support for all educators. NDU members are teachers, community college professors, speech pathologists, bus drivers, secretaries, retired educators and student teachers.