Bill Summaries: H423 (2015-2016 Session)

Tracking:
  • Summary date: Mar 31 2015 - View summary

    Amends GS 135-5(l), concerning the death benefit plan for the Teacher and State Employee Retirement System; GS 128-27, concerning the death benefit plan for the Local Government Employee Retirement System; GS 120-4.27, concerning the death benefit plan for the Legislative Retirement System; and GS 135-64, concerning the death benefit plan for the Consolidated Judicial Retirement System to set the amount of the death benefit for member deaths occurring on or after July 1, 2015, at $12,000 upon completion of 24 months of contributions.