Bill Text: NC S1356 | 2010 | Regular Session | Chaptered
Bill Title: Increase Wilkesboro Firemen's Pension
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2010-06-28 - Ch. SL 2010-23 [S1356 Detail]
Download: North_Carolina-2010-S1356-Chaptered.html
GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2009
SESSION LAW 2010-23
SENATE BILL 1356
AN ACT to increase the monthly benefit to members of the wilkesboro firemen's supplemental pension fund.
The General Assembly of North Carolina enacts:
SECTION 1. Section 4 of Chapter 131 of the 1985 Session Laws, as amended by Section 1 of S.L. 1999‑56, reads as rewritten:
"Sec. 4. Any member who has
served 20 years as a fireman in the Wilkesboro Fire Department and has attained
the age of 55 or who has served for five or more years and has become totally
and permanently disabled is entitled to receive a monthly pension from the "Supplemental
Pension Fund". This monthly pension shall be in the amount of one
hundred dollars ($100.00) per month. equal to the monthly pension amount
paid by the North Carolina Firemen's and Rescue Squad Workers' Pension Fund under
G.S. 58‑86‑55 and shall be adjusted to match that State
pension amount whenever that amount is amended. If, for any reason, the
Fund shall be insufficient to pay in full any pension benefits, or other
charges, then all benefits shall be reduced pro rata for as long as the
deficiency in amount exists. No claim shall accrue with respect to any amount
by which a benefit payment shall have been reduced."
SECTION 2. This act becomes effective July 1, 2010.
In the General Assembly read three times and ratified this the 28th day of June, 2010.
s/ Walter H. Dalton
President of the Senate
s/ Joe Hackney
Speaker of the House of Representatives
