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NC H1134
Bill
Status
5/18/2016
Primary Sponsor
Allen McNeill
Click for details
AI Summary
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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.
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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.
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Allows overpayments of retirement benefits to be offset against retirement allowances or returns of contributions across state retirement systems and disability programs.
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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.
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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