Loading chat...

NC H1134

Bill

Status

Introduced

5/18/2016

Primary Sponsor

Allen McNeill

Click for details

Origin

House of Representatives

2015-2016 Session

AI Summary

  • Establishes benefits for firefighters and rescue squad workers killed in the line of duty, providing $170/month to principal beneficiary for 300 months or until beneficiary's death, effective July 1, 2018.

  • Creates "normal retirement age" for public employees who became members on or after January 1, 2017, with different age and service requirements than existing members; generally requires age 50-65 with 5-30 years of service depending on job category.

  • Allows overpayments of retirement benefits to be offset against retirement allowances or returns of contributions across state retirement systems and disability programs.

  • Adds State Treasurer as ex officio chair of retirement system boards and authorizes market-oriented compensation plans for key retirement administration staff exempt from standard state human resources rules.

  • Establishes public access to certain member retirement file information (name, age, employment history, compensation) while maintaining confidentiality of medical and personal data; designates specific persons authorized to access confidential portions.

Legislative Description

Admin. Changes Retirement System/Treasurer

Last Action

Re-ref Com On Appropriations

6/28/2016

Committee Referrals

Appropriations6/28/2016
Rules, Calendar, and Operations of the House6/20/2016
Appropriations5/31/2016
Pensions and Retirement5/23/2016

Full Bill Text

No bill text available