Bill Text: NC H331 | 2015-2016 | Regular Session | Amended

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Bill Title: Sheriffs' Supp. Pension Fund/Sick Leave

Spectrum: Partisan Bill (Republican 4-0)

Status: (Introduced - Dead) 2015-03-24 - Ref To Com On Pensions and Retirement [H331 Detail]

Download: North_Carolina-2015-H331-Amended.html

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GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 2015

H                                                                                                                                                    1

HOUSE BILL 331

 

 

Short Title:        Sheriffs' Supp. Pension Fund/Sick Leave.		(Public)
Sponsors:	Representatives Saine and Setzer (Primary Sponsors). For a complete list of Sponsors, refer to the North Carolina General Assembly Web Site.
Referred to:	Pensions and Retirement.

March 24, 2015

A BILL TO BE ENTITLED

AN ACT to allow unused sick leave under the local governmental employees' retirement system to be applied as eligible service in the sheriffs' supplemental pension fund.

The General Assembly of North Carolina enacts:

SECTION 1.  G.S. 143‑166.84 is amended by adding a new subsection to read:

"(c)       For purposes of this Article, the term "eligible service as sheriff" means membership service rendered since the person became sheriff, and if the person has sick leave standing to his or her credit accrued as a member of the Local Governmental Employees' Retirement System and elects to have all of that sick leave applied to service under this Article instead of service in that System, one month of credit for each 20 days or portion thereof, but not less than one hour, and subject to all the requirements and restrictions of G.S. 128‑26(e)."

SECTION 2.  This act becomes effective July 1, 2015.