Bill Summary for S 311 (2021-2022)

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Bill: NO WAITING PERIOD UNDER LGERS/VFDF GRANTS. (NEW)

Summary date: 

Mar 16 2021
S.L. 2021-178

Bill Information:

View NCGA Bill Details2021
Senate Bill 311 (Public) Filed Tuesday, March 16, 2021
AN ACT PROHIBITING MEMBERSHIP WAITING PERIODS FOR ELIGIBLE EMPLOYEES UNDER THE LOCAL GOVERNMENTAL EMPLOYEES' RETIREMENT SYSTEM, UPDATING THE VOLUNTEER FIRE DEPARTMENT FUND MATCHING REQUIREMENTS, AND GIVING THE BOARD OF TRUSTEES OF THE LOCAL GOVERNMENTAL EMPLOYEES' RETIREMENT SYSTEM THE DISCRETIONARY AUTHORITY TO PROVIDE ONE-TIME PENSION SUPPLEMENTS TO ITS MEMBERS; AND TO REDUCE THE SUTA TAX RATE FOR 2022.
Intro. by Corbin.

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Bill summary

Adds a new provision to GS 128-24 regarding membership of the Local Governmental Employees' Retirement System (LGERS) to prohibit a participating employer from imposing a waiting period on law enforcement officers who are otherwise eligible to become members of LGERS. Effective July 1, 2021.