Bill Summary for H 76 (2017-2018)
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| View NCGA Bill Details | 2017-2018 Session |
AN ACT TO INCREASE THE MONTHLY BENEFITS FROM THE NORTH CAROLINA FIREFIGHTERS' AND RESCUE SQUAD WORKERS' PENSION FUND.Intro. by K. Hall, Clampitt, Hardister, Strickland.
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Bill summary
Amends GS 58-86-55 to increase the monthly pension amount paid to eligible firefighters and rescue squad workers and disabled members from the North Carolina Firefighters' and Rescue Squad Workers' Pension Fund (Fund) from $170 to $175. Makes conforming and technical changes to subsections (a), (b), (c), and (d2). Effective July 1, 2017, and applies to monthly benefits paid on or after that date.
Additionally, makes conforming changes to the amount paid from the Fund in GS 58-86-55(d1), effective July 1, 2018, to ensure that (d1) reflects changes made by this act when it is updated in 2018 due to changes made by SL 2016-108 (Retirement Amendments).
Makes technical changes to SL 2016-108, Section 1(e), which sets out the effective dates of the changes made to GS 58-86-55.