North Dakota Loan Plan for Key Employees
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FAQ
Like many states, North Dakota has no specific retirement age that is mandated by law. This means that individuals are free to retire whenever they choose, as long as they are able to financially support themselves.
Your contributions help fund the pension plan, guaranteeing monthly benefits for you and other retired teachers in the future. To qualify for this pension plan, you must first meet the following requirements: Age 65 with five years of service. Rule of 90 (your age and service years must add up to 90)
The North Dakota Federal/State Loan Repayment Program (SLRP) provides loan repayment assistance to certain medical professionals who agree to practice in a Health Professional Shortage Area of North Dakota. Sites must provide matching funds. Recipients must agree to a minimum 2-year service agreement. Learn more here.
