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NC S379

Bill

Status

Passed

6/19/2020

Primary Sponsor

Wilfred Wells

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Origin

Senate

2019-2020 Session

AI Summary

Senate Bill 379 Summary

  • Clarifies and modernizes creditable service purchase provisions for North Carolina's state retirement systems (Teachers' and State Employees', Local Governmental Employees', Consolidated Judicial, and Legislative Retirement Systems), with different deadlines for pre-January 1, 2022 versus post-January 1, 2022 purchases.

  • Extends service purchase options to include out-of-state government employment, federal employment, part-time service, probationary employment, temporary employment, parental/medical leave, and other previously uncreditable service, with full actuarial cost calculations.

  • Modifies contribution repayment provisions for members who previously withdrew contributions, allowing restoration of service credits upon return to employment with five years of service completion.

  • Authorizes the Legislative Services Commission to obtain criminal record checks for prospective employees, volunteers, and contractors of the General Assembly, and authorizes the Department of State Treasurer to conduct similar criminal background checks.

  • Makes technical administrative changes including adjusting sick leave crediting timelines (from five years to 365 days for Local Governmental Employees' Retirement System), extending LEIA funding deadlines to November 1, 2026, and clarifying employer contribution payment procedures.

Legislative Description

Retirement Systems Admin. Changes

Last Action

Ch. SL 2020-29

6/19/2020

Committee Referrals

Rules, Calendar, and Operations of the House6/3/2020
Pensions and Retirement5/28/2020
Rules, Calendar, and Operations of the House5/9/2019
Rules and Operations of the Senate5/1/2019
Pensions & Retirement & Aging4/17/2019
Rules and Operations of the Senate3/28/2019

Full Bill Text

No bill text available