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NC H376

Bill

Status

Passed

6/24/2011

Primary Sponsor

William McGee

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Origin

House of Representatives

2011-2012 Session

AI Summary

Session Law 2011-294: House Bill 376

  • Expands eligibility for retirement plan benefits to include former employees receiving disability benefits whose lump-sum payouts include vacation, bonus, and sick leave (previously only vacation and bonus).

  • Changes penalty assessment for employers failing to report reemployed beneficiaries from mandatory to discretionary, and allows penalty reduction to 2% minimum if employer provides clear evidence of inadvertent failure beyond their control.

  • Clarifies that members must render no service (including part-time, temporary, substitute, or contractor service) during the month immediately following retirement's effective date for retirement to become effective.

  • Requires employers to remit all employer contributions for a member's full military service period when the member returns to work after military leave, pursuant to federal law (38 U.S.C. § 4318(b)(1)).

  • Exempts long-term disability recipients who become eligible for unreduced service retirement from the standard six-month waiting period for receiving retirement allowances.

Legislative Description

Retirement Technical Corrections.-AB

Last Action

Ch. SL 2011-294

6/24/2011

Committee Referrals

Pensions & Retirement & Aging6/10/2011
Finance6/3/2011
State Personnel3/17/2011

Full Bill Text

No bill text available