NORTH CAROLINA GENERAL ASSEMBLY
1979 SESSION

CHAPTER 826
SENATE BILL 882

AN ACT TO PERMIT COURT REPORTERS TO BUY IN TIME SERVED BEFORE THE ESTABLISHMENT OF THE UNIFORM COURT SYSTEM IN 1968.

The General Assembly of North Carolina enacts:

Section 1.  G.S. 135-4 is amended by adding a new subsection, designated "(o)" to read as follows:
"(o)	Notwithstanding any other provision of this Chapter, a member who is presently a court reporter may buy in time spent serving as court reporter prior to the establishment of the Uniform Court System in 1968 by purchasing service credits, provided that the purchase payment equals the full cost of the service credits calculated on the basis of the assumptions used for purposes of the actuarial valuation of the system's liabilities. Account shall be taken of the additional retirement allowance arising on account of the additional service credit commencing at the earliest date of which the member could retire or of a reduced retirement allowance as determined by the board of trustees upon the advice of the consulting actuary."
Sec. 2.  This act is effective July 1, 1979.
In the General Assembly read three times and ratified, this the 7th day of June, 1979.