Bill Summary for H 1043 (2019-2020)
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Bill Information:
View NCGA Bill Details | 2019-2020 Session |
AN ACT TO PROVIDE AID TO NORTH CAROLINIANS IN RESPONSE TO THE CORONAVIRUS DISEASE 2019 (COVID-19) CRISIS.Intro. by Bell, Jackson, Lewis.
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Bill summary
House committee substitute makes the following changes to the 1st edition.
Section 21
Specifies that the proposed one-month separation requirement for retirement to become effective for retirees of the Teachers’ and State Employees’ Retirement System (TSERS) for individuals that retired on or after October 1, 2019, but before April 1, 2020, applies only if the position to which the individual returns is needed due to the COVID-19 pandemic. Requires the employing agency to certify this need to the Retirement Systems Division (RSD) of the Department of State Treasurer.
Limits the scope of the characterization of earnings received by TSERS and Local Government Employees Retirement System (LGERS) beneficiaries between March 10, 2020, and August 1, 2020, to apply only to individuals retiring prior to April 1, 2020, and returning to positions needed due to the COVID-19 pandemic, as certified to RSD by the employing agency.
Similarly, limits the scope of the impact of any earnings received by or paid to a law enforcement officer or retired law enforcement officer for separation allowances under Article 12D of GS Chapter 143 for any work performed between March 10, 2020, and August 1, 2020, to apply only to individuals who return to positions needed due to the COVID-19 pandemic, as certified to RSD by the employing unit.