GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2009
S D
SENATE DRS15199-LR-80 (03/12)
Short Title: Utilities Comm. Members/Longevity Changes. |
(Public) |
|
Sponsors: |
Senator Rand. |
|
Referred to: |
|
|
A BILL TO BE ENTITLED
AN ACT relating to the longevity rates for members of the utilities commission.
The General Assembly of North Carolina enacts:
SECTION 1. G.S. 62-10(h) reads as rewritten:
"(h) The salary of
each commissioner and that of the commissioner designated as chairman shall be
set by the General Assembly in the Current Operations Appropriations Act. In
lieu of merit and other increment raises paid to regular State employees, each
commissioner, including the commissioner designated as chairman, shall receive
as longevity pay an amount equal to four and eight-tenths percent (4.8%) of the
annual salary set forth in the Current Operations Appropriations Act payable
monthly after five years of service, and nine and six-tenths percent
(9.6%) after 10 years of service. service, fourteen and four-tenths
percent (14.4%) after 15 years of service, nineteen and two-tenths percent
(19.2%) after 20 years of service, and twenty-four percent (24%) after 25 years
of service. 'Service' means service as a member of the Utilities
Commission."
SECTION 2. This act is effective when it becomes law.