Bill Summary for H 666 (2021-2022)

Summary date: 

Apr 22 2021

Bill Information:

View NCGA Bill Details2021
House Bill 666 (Public) Filed Thursday, April 22, 2021
AN ACT INCREASING THE AMOUNT OF MEMBERS' MONTHLY PAYMENTS AND MONTHLY PENSIONS UNDER THE NORTH CAROLINA FIREFIGHTERS' AND RESCUE SQUAD WORKERS' PENSION FUND.
Intro. by Pickett, Saine, Clampitt.

View: All Summaries for BillTracking:

Bill summary

Amends GS 58-86-35, GS 58-86-40, and GS 58-86-45, increasing monthly member payments to the NC Firefighters' and Rescue Squad Workers' Pension Fund (Pension Fund) from $10 to $15 as it applies to new and current members and workers seeking retroactive membership. 

Amends GS 58-86-55, increasing the monthly pension to eligible members, including disabled members, beneficiaries, and retired firefighters from $170 to $200 monthly. Makes conforming changes regarding increased monthly member contributions. 

Effective January 1, 2022, and applies to monthly payments due from, and monthly benefits owed to, members of the Pension Fund on or after that date. 

© 2021 School of Government The University of North Carolina at Chapel Hill

This work is copyrighted and subject to "fair use" as permitted by federal copyright law. No portion of this publication may be reproduced or transmitted in any form or by any means without the express written permission of the publisher. Distribution by third parties is prohibited. Prohibited distribution includes, but is not limited to, posting, e-mailing, faxing, archiving in a public database, installing on intranets or servers, and redistributing via a computer network or in printed form. Unauthorized use or reproduction may result in legal action against the unauthorized user.

Printer-friendly: Click to view