Bill Summary for H 551 (2013-2014)

Summary date: 

Apr 3 2013

Bill Information:

View NCGA Bill Details2013-2014 Session
House Bill 551 (Local) Filed Wednesday, April 3, 2013
A BILL TO BE ENTITLED AN ACT TO AMEND THE ACT CREATING A FIREMEN'S BENEFIT FUND FOR FIREMEN IN THE CITY OF WILMINGTON, AS AMENDED, AND TO MODIFY THE APPLICATION OF G.S. 58-84-35 TO THE CITY OF WILMINGTON.
Intro. by Davis, Hamilton.

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Bill summary

Repeals SL 1983-505 (AN ACT TO PROVIDE A FIREMEN'S BENEFIT FUND FOR FIREMEN IN THE CITY OF WILMINGTON AND TO MODIFY THE APPLICATION OF  GS 118-5, GS 118-6, AND GS 118-7 TO THE CITY OF WILMINGTON), as amended.

Allows the local Board of Trustees of the Wilmington Firefighters' Relief Fund (Fund) to distribute funds for the benefit of retired firemen receiving retirement or disability from the Firemen's Pension Fund of Wilmington or the Local Governmental Employees' Retirement System. Also allows the disbursement of funds for the benefit of any surviving spouse or beneficiary of a fireman as long at that individual was already receiving the retirement or disability benefits of that fireman from the Firemen's Pension Fund of Wilmington or the Local Government Employees' Retirement System as of December 31, 2012. Allows the local Board of Trustees to accept gifts, grants, bequests, or monetary donations for the use of the Fund.

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