NORTH CAROLINA GENERAL ASSEMBLY
1979 SESSION
CHAPTER 1214
SENATE BILL 1007
AN ACT TO REQUIRE AN ANNUAL INCOME STATEMENT FROM DISABILITY BENEFICIARIES OF THE LAW ENFORCEMENT OFFICERS' BENEFIT AND RETIREMENT FUND.
The General Assembly of North Carolina enacts:
Section 1. G.S. 143-166(y) is amended by adding a new paragraph at the end of the subsection to read as follows:
"As a condition to the receipt of the basic disability retirement allowance provided for in this subsection, each disability beneficiary shall, on or before April 15 of each calendar year, provide the Board of Commissioners with a statement of his or her income received as compensation for services, including fees, commissions or similar items and income derived from business for the previous calendar year. Such statement shall be filed on a form as required by the Board of Commissioners."
The Director of the State Retirement Systems shall contact any State or federal agency which can provide information to substantiate the statement required to be submitted by this subdivision and may enter into agreements for the exchange of information.
Sec. 2. This act shall become effective on July 1, 1980.
In the General Assembly read three times and ratified, this the 24th day of June, 1980.