Amends GS 135-4 (Teachers and State Employees Retirement System – creditable service) by adding subsection (k2) permitting members of the North Carolina Teachers and State Employees Retirement System who have served at least five years as a teacher or state employee to purchase up to five years’ creditable service as a company police officer commissioned by the Attorney General by making a lump sum payment to the Annuity Savings Fund.

Amends GS 128-26 (Retirement system for counties, cities, and towns – allowance for service) by adding subsection (z) permitting members of the North Carolina Local Government Employees Retirement System who have served at least five years as a local government employee to purchase up to five years’ creditable service as a company police officer commissioned by the Attorney General by making a lump sum payment to the Annuity Savings Fund.

Effective July 1, 2022.