Bill Summary for H 385 (2015-2016)

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Summary date: 

Apr 21 2015

Bill Information:

View NCGA Bill Details2015-2016 Session
House Bill 385 (Public) Filed Thursday, March 26, 2015
AN ACT TO INCREASE THE PORTION OF COURT COSTS USED FOR THE SHERIFFS' SUPPLEMENTAL PENSION FUND AND TO ALLOW UNUSED SICK LEAVE UNDER THE LOCAL GOVERNMENTAL EMPLOYEES' RETIREMENT SYSTEM TO BE APPLIED AS ELIGIBLE SERVICE IN THE SHERIFFS' SUPPLEMENTAL PENSION FUND.
Intro. by McNeill, Presnell, Shepard, Waddell.

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Bill summary

House committee substitute makes the following changes to the 1st edition.

Changes the short and long titles.

Enacts new GS 143-166.84(c), concerning eligibility for the Sheriffs' Supplemental Pension Fund, defining eligible service as sheriff as membership service rendered since the person became sheriff. Further provides that unused sick leave in the Local Governmental Employees' Retirement System can be applied as eligible service in the Sheriffs' Supplemental Pension Fund. Sets out exchange rates for transferring the unused leave to eligible service. Effective July 1, 2015, with an expiration date of January 31, 2019.  

Makes technical changes.