Loading chat...

NC S680

Bill

Status

Introduced

4/2/2013

Primary Sponsor

Thomas Apodaca

Click for details

Origin

Senate

2013-2014 Session

AI Summary

  • Amends G.S. 135-3(8)d to allow members who earned disability benefits under Article 6 to count that service as membership service when calculating retirement allowances after restoration to service.

  • Applies retroactively to persons retiring on or after January 1, 2012.

  • Affects both the teachers' and state employees' retirement system and the local governmental employees' retirement system.

  • Allows retired members who return to service and earn at least three years of additional membership service to have their retirement allowance computed using all service (before, during, and after retirement) without restrictions.

Legislative Description

Retirement Protection Act

Last Action

Ref To Com On Pensions & Retirement and Aging

4/3/2013

Committee Referrals

Pensions & Retirement & Aging4/3/2013

Full Bill Text

No bill text available