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NC H331
Bill
Status
3/23/2015
Primary Sponsor
Jason Saine
Click for details
AI Summary
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Allows sheriffs to apply unused sick leave accrued under the Local Governmental Employees' Retirement System toward eligible service credit in the sheriffs' supplemental pension fund.
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Converts sick leave to service credit at a rate of one month of credit for each 20 days or portion thereof of sick leave, with a minimum of one hour.
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Requires sheriffs to elect to have all accrued sick leave applied to the sheriffs' supplemental pension fund instead of the Local Governmental Employees' Retirement System.
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Application of sick leave is subject to all requirements and restrictions of G.S. 128-26(e).
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Effective July 1, 2015.
Legislative Description
Sheriffs' Supp. Pension Fund/Sick Leave
Last Action
Ref To Com On Pensions and Retirement
3/24/2015