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NC S363
Bill
AI Summary
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Charter schools seeking to join the Teachers' and State Employees' Retirement System may have their provisional entry period extended by up to two additional years beyond the initial one-year period, at the Board of Trustees' discretion
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Authority to reverse retirement benefit forfeitures due to felonious conduct shifts from the State Treasurer to the Board of Trustees for four retirement systems (Teachers/State Employees, Local Government, Judicial, and Legislative)
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Out-of-state attorney practice fees of $225 will be redirected: $200 goes to the NC Administrative Office of the Courts (instead of State Treasurer) and $25 to the NC State Bar
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ABLE account holders who received Medicaid will no longer have claims filed against their accounts upon death unless required by federal law, eliminating the state's automatic claim for medical assistance reimbursement
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Multiple technical corrections update statutory cross-references, fix citation errors, and modernize language throughout retirement system and local government finance statutes
Legislative Description
DST Technical Corrections/Admin. Changes 2025.-AB
Boards
Last Action
Sequential Referral To Judiciary Added After Pensions and Retirement and Aging
4/1/2025