Bill Summary for H 581 (2011-2012)
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Summary date:
Mar 31 2011
S.L. 2011-143
Bill Information:
View NCGA Bill Details | 2011-2012 Session |
TO AMEND THE PROVISIONS OF THE CITY OF LUMBERTON FIREMEN'S RELIEF FUND AND SUPPLEMENTARY PENSION FUND.Intro. by Pierce, Pridgen, Graham.
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Bill summary
Amends Section 4 of SL 1991-792, as amended, paying any retired full time paid member of the fire department, as specified, a monthly amount from the Supplementary Pension Fund to be set by the Board of Trustees between $2 and $3.25 for each full year of service (current law pays $3.25). Clarifies that any eligible member of the fire department who becomes permanently disabled while in the furtherance of the member’s duties as a fireman and retires, as specified, receives the benefit amount equivalent to the benefit received by a retiree with 30 years of service.