NC S433

Repeals Section 9.1(d) of S.L. 2014-100, which eliminated longevity payments for educators

Establishes tiered annual longevity payments for teachers and instructional support personnel: 1.5% of base salary for 10-14 years of service, 2.25% for 15-19 years, 3.25% for 20-24 years, and 4.5% for 25+ years

Principals and assistant principals would receive longevity payments at rates provided for State employees under the NC Human Resources Act

Appropriates $140,300,000 in recurring funds from the General Fund to the Department of Public Instruction to fund the restored payments

Effective July 1, 2025, with longevity payments to be paid as a lump sum once per year