Bill Summary for H 347 (2013-2014)

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Summary date: 

Mar 19 2013

Bill Information:

View NCGA Bill Details2013-2014 Session
House Bill 347 (Local) Filed Tuesday, March 19, 2013
A BILL TO BE ENTITLED AN ACT TO AMEND THE GREENSBORO FIREFIGHTERS' SUPPLEMENTAL RETIREMENT SYSTEM AND TO AMEND THE CHARTER OF THE CITY OF GREENSBORO TO CHANGE CERTAIN REFERENCES FROM BUILDING INSPECTOR TO COMPLIANCE OFFICER.
Intro. by Faircloth, Adams, Hardister, Harrison.

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Bill summary

Amends SL 1953-899, as amended, to provide that the general administration and responsibility for the operation of the supplemental retirement system vests in the Board of Trustees of the Firefighters' Relief Fund of the City of Greensboro (Relief Fund Board)as appointed under GS 58-84-30. Deletes requirement that the Relief Fund Board pay all the funds entrusted to the Relief Fund Board in excess of $10,000 to the Board of Trustees of the Greensboro Firemen's Supplemental Retirement System (Supplemental Retirement Board)on July 1 annually. Instead, directs the Relief Fund Board to pay those funds into the Supplemental Retirement System.

Abolishes the Supplemental Retirement Board and provides that its members serve as ex officio, nonvotingmembers of the Relief Fund Board. Deletes provisions establishing the Supplemental Retirement Board. Makes stylistic changes to insert gender neutral language, substituting firefighters for firemen as applicable.