GENERAL ASSEMBLY OF NORTH CAROLINA

1985 SESSION

 

 

CHAPTER 530

HOUSE BILL 524

 

AN ACT TO PROVIDE FOR THE RETIREMENT OF CURRENTLY PERMANENT PART- TIME TEACHERS AND STATE EMPLOYEES WHO HAD TEN OR MORE YEARS OF MEMBERSHIP SERVICE PRIOR TO EMPLOYMENT ON A PERMANENT PART-TIME BASIS, WITH THE TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 135-4(p1) is amended by redesignating all the language as subdivision "(1)" and by adding a subdivision "(2)" to read:

"(2)      Under all requirements and conditions set forth in the preceding subdivision of this subsection (p1), except for the requirement that the completion of 10 years of membership service be subsequent to service rendered as a part-time teacher or employee of the State, any member with 10 or more years of membership service standing to his credit may purchase additional membership service for service rendered as a part-time teacher or employee of the State if (i) the member terminates or has terminated employment in any capacity as a teacher or employee of the State, (ii) the purchase of the additional membership service causes the member to become eligible to commence an early or service retirement allowance, and (iii) the member immediately elects to commence retirement and become a beneficiary."

Sec. 2.  This act is effective upon ratification.

In the General Assembly read three times and ratified, this the 1st day of July, 1985.