Bill Summary for S 729 (2017-2018)
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| View NCGA Bill Details | 2017-2018 Session |
AN ACT TO ALLOW FOR THE PURCHASE OF CREDITABLE SERVICE IN THE TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM OR THE LOCAL GOVERNMENT EMPLOYEES' RETIREMENT SYSTEM AT FULL COST BY LAW ENFORCEMENT OFFICERS HOLDING AN ADVANCED LAW ENFORCEMENT OFFICER CERTIFICATE.Intro. by Randleman.
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Bill summary
Amends GS 135-4 (teachers and state employees retirement system), adding new subsection (k1), as title indicates. Allows a member who has completed at least five years of membership service and who has been awarded the Advanced Law Enforcement Certificate issued by the Criminal Justice Education and Training Standards Commission to purchase up to two years of creditable service at any time on or after receipt of the Advanced Law Enforcement Certificate. Purchases of service under this subsection will not be associated with any specific compensation or period of time.
Amends GS 128-26 (local government employees retirement system), adding new subsection (z). As above, allows a member who has completed at least five years of membership service and who has been awarded the Advanced Law Enforcement Certificate issued by the Criminal Justice Education and Training Standards Commission to purchase up to two years of creditable service at any time on or after receipt of the Advanced Law Enforcement Certificate.