19-20-1212. Recovery methods. (1) The retirement system may use any or all of the following methods to recover amounts owed from a member or benefit recipient:
     (a) accept a lump-sum payment;
     (b) accept installment payments;
     (c) accept a rollover payment from a member;
     (d) actuarially adjust monthly benefit payments;
     (e) withhold up to 50% of each monthly benefit payment;
     (f) withhold up to 100% of a lump-sum distribution; or
     (g) withhold up to 100% of the death benefit payable under 19-20-1001(3) or 19-20-1002(1).
     (2) For payment of amounts owed by an employer, the retirement system may use any or all of the following methods:
     (a) adjust the amount of subsequent contributions due from the employer;
     (b) accept installment payments; or
     (c) accept a lump-sum payment.

     History: En. Sec. 9, Ch. 210, L. 2015.