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Read. Follow. Verify.North Dakota transfers $25 million to public employees retirement fund to lower unfunded liability
Last action · April 25, 2025: Filed with Secretary Of State 04/23Sponsors: Jason Dockter and 6 others
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What This Bill Does
North Dakota directs the office of management and budget to transfer $25,000,000 from the to the public employees retirement system fund during the 2025-27 biennium. The funds are designated to reduce the of the public employees retirement system main system , replacing additional actuarially determined rate charges for state governmental units.
State governmental units are spared additional actuarially determined rate charges during the 2025-27 biennium while $90,000,000 in total combined transfers and projected deposits are directed toward retiring the retirement system's .
Who It Affects
Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.
State governmental units
Exempted from additional actuarially determined rate charges under section 54-52-06 during the 2025-27 biennium.
Public Employees Retirement System main system defined benefit plan members
Subject to liability reductions supported by $90,000,000 in total combined transfers and projected deposits during the 2025-27 biennium.
Key Facts
You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.
Frequently Asked Questions
Where does the $25,000,000 transfer come from?
How will state governmental units be affected by these transfers?
What else do you want to know?
News Coverage
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Votes, people, money & the original sourceWhere This Stands
Current status: Signed into law.
Procedural history
23 actions- Apr 25, 2025Filed with Secretary Of State 04/23
- Apr 24, 2025HouseEnrolledSigned by Governor 04/23
- Apr 22, 2025HouseEnrolledSent to Governor
- Apr 22, 2025HouseSigned by Speaker
- Apr 21, 2025SenateSigned by President
- Apr 17, 2025HouseFloorSecond reading, passed, yeas 91 nays 0
Show 17 earlier actions
- Apr 17, 2025HouseConcurred
- Apr 3, 2025HouseReturned to House (12)
- Apr 2, 2025SenateFloorSecond reading, passed as amended, yeas 46 nays 0
- Mar 31, 2025SenateCommitteeAmendment adopted, placed on calendar
- Mar 28, 2025SenateCommitteeReported back amended, do pass, amendment placed on calendar 16 0 0
- Mar 7, 2025SenateRereferred to Appropriations
- Mar 7, 2025SenateCommitteeReported back, do pass 5 0 1
- Mar 6, 2025SenateCommitteeCommittee Hearing 11:00
- Feb 18, 2025SenateIntroducedIntroduced, first reading, referred State and Local Government Committee
- Feb 17, 2025SenateReceived from House
- Feb 14, 2025HouseFloorSecond reading, passed, yeas 76 nays 8
- Feb 13, 2025HouseCommitteeReported back, do pass, place on calendar 23 0 0
- Jan 29, 2025HouseRereferred to Appropriations
- Jan 29, 2025HouseCommitteeAmendment adopted
- Jan 28, 2025HouseCommitteeReported back amended, do pass, amendment placed on calendar 10 4 0
- Jan 20, 2025HouseCommitteeCommittee Hearing 09:00
- Jan 13, 2025HouseIntroducedIntroduced, first reading, referred Finance and Taxation Committee
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Sponsors
Show 2 more sponsors
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Combined Pension Funding Mechanism
The Act pairs a $25,000,000 direct transfer from the strategic investment and improvements fund with $65,000,000 in projected deposits pursuant to section 57-51.1-07.5 to total $90,000,000 in liability reduction funding.
Connected Entities
Sources
ndlegis.gov
Analysis Score
0–100- Significance75How much this matters to a regular citizen
- Controversy10Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz20Current news / social attention level
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