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NC S139
Bill
AI Summary
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Repeals subsections (c) and (d) of Section 35.21 of S.L. 2017-57, which eliminated retiree medical benefits for members who first earned service on or after January 1, 2021
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Applies to members of the NC Teachers' and State Employees' Retirement System, Consolidated Judicial Retirement System, Legislative Retirement System, and Optional Retirement Programs
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Appropriates $500,000 in recurring funds for FY 2025-2026 and $2,000,000 in recurring funds for FY 2026-2027 to the Department of State Treasurer to cover increased State Health Plan costs
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Repeal of benefit elimination is retroactive to December 31, 2020; remainder of act becomes effective July 1, 2025
Legislative Description
Restore State Emp/Teacher Retiree Med Benefit
Appropriations
Last Action
Ref To Com On Rules and Operations of the Senate
2/25/2025