Bill Summaries: S 77 INCREASE WILKESBORO FIREMEN'S PENSION.

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  • Summary date: Jun 15 2015 - View Summary

    AN ACT TO INCREASE THE MONTHLY PENSION BENEFIT PAID TO MEMBERS OF THE WILKESBORO FIREMEN'S SUPPLEMENTAL PENSION FUND. Enacted June 11, 2015. Effective July 1, 2015.


  • Summary date: Apr 23 2015 - View Summary

    Senate committee substitute amends Section 4 of Chapter 131 of the 1985 Session Laws, as amended, replacing the term "Firemen's" with "Firefighters'" and rewriting the name of the fund as, "North Carolina Firefighters' and Rescue Squad Workers' Pension Fund."

    Effective July 1, 2015.


  • Summary date: Feb 11 2015 - View Summary

    Amends Section 4 of SL 1985-131 concerning the Wilkesboro Firemen's Pension, providing that individuals that have served twenty years as firemen in the Wilkesboro Fire Department and have attained the age of 55 or served for five years or more and have become totally and permanently disabled are entitled to a monthly pension equal to 150 percent of the monthly pension amount paid by the NC Firemen's and Rescue Squad Workers' Pension Fund. Pension will be adjusted to remain at 150 percent of said pension amount when the amount of the state pension fund is changed (previously the pension amount was equal to the pension amount paid by the NC Firemen's and Rescue Squad Workers' Pension Fund and adjusted to equal that amount if necessary). 

    Effective July 1, 2015.