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When are NDPERS Hardship Distributions Allowed?

Posted 5/08/20 (Fri)

The NDPERS retirement system plan provisions do not allow for any CARES Act emergency hardship in-service distributions or loan provisions that may apply to other retirement plans.

If you have voluntarily participated in the NDPERS 457 Deferred Compensation Plan, plan provisions allow for in-service emergency hardship distributions on an individual basis, and this process continues to be in place. This requires for an actively participating member to complete the NDPERS emergency hardship application along with all income/expense supplemental documentation to show loss of income and emergency expenses. The NDPERS Board reviews and approves all emergency hardships at the monthly NDPERS Board meetings based upon IRS qualifying guidelines.