Bill Summary for H 1196 (2013-2014)
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Summary date:
May 22 2014
Bill Information:
| View NCGA Bill Details | 2013-2014 Session |
AN ACT TO AUTHORIZE SUCCESS INSTITUTE, AN EXISTING CHARTER SCHOOL, TO ELECT TO REVOKE ITS DECISION TO PARTICIPATE IN THE TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM.Intro. by Turner.
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Bill summary
Authorizes the Board of Directors of Success Institute, a charter school in Iredell County, to end its participation in the Teachers' and State Employees' Retirement System for all of its employees. Requires the Board to notify the Retirement Systems Division of its decision and to give its employees at least a seven-day notice before any vote by Board regarding such revocation.