Senate committee substitute makes the following changes to 1st edition. Amends GS 135-5(f) (teachers’ and state employees’ retirement system) and GS 128-27(f) (local governmental employees’ retirement system) to delete language specifying that payment of contributions and the accumulated interest is to be made at the London Interbank Offered Rate, and providing for a payment rate of 4% interest if the member is vested in the system as of January 1, 2012. Makes technical changes to make the language in the act gender neutral.