Bill Summary for H 497 (2017-2018)

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Bill: RETIREMENT SYSTEMS 2% COLAS/FUNDS.

Summary date: 

Apr 5 2017

Bill Information:

View NCGA Bill Details2017-2018 Session
House Bill 497 (Public) Filed Tuesday, March 28, 2017
AN ACT TO PROVIDE TWO PERCENT COST-OF-LIVING INCREASES FOR MEMBERS OF THE TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM, THE CONSOLIDATED JUDICIAL RETIREMENT SYSTEM, AND THE LEGISLATIVE RETIREMENT SYSTEM.
Intro. by Jordan, Hurley, Strickland, Malone.

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Bill summary

House committee substitute makes the following changes to the 1st edition.

Amends the long title.

Deletes proposed amendments to GS 128-27 (regarding benefits under the retirement system for counties, cities, and towns).