CHARLOTTE FIREFIGHTERS' RETIREMENT SYSTEM.

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View NCGA Bill Details(link is external)2017-2018 Session
House Bill 58 (Local) Filed Wednesday, February 8, 2017
AN ACT TO AMEND THE LAW ESTABLISHING THE CHARLOTTE FIREFIGHTERS' RETIREMENT SYSTEM.
Intro. by Dulin, Autry, Belk, R. Moore.
Status: Ch. SL 2017-71 (House Action) (Jun 28 2017)

Bill History:

H 58/S.L. 2017-71

Bill Summaries:

  • Bill H 58 (2017-2018)
    Summary date: Jun 29 2017 - View Summary

    AN ACT TO AMEND THE LAW ESTABLISHING THE CHARLOTTE FIREFIGHTERS' RETIREMENT SYSTEM. Enacted June 28, 2017. Effective July 1, 2017.

    Employment and Retirement, Government, Public Safety and Emergency Management
    Mecklenburg
  • Bill H 58 (2017-2018)
    Summary date: Mar 1 2017 - View Summary

    House committee substitute makes the following changes to the 1st edition. Amends Section 1 of the act by correcting the references to the Session Laws that have previously amended SL 1947-926.

    Employment and Retirement, Government, Public Safety and Emergency Management
    Mecklenburg
  • Bill H 58 (2017-2018)
    Summary date: Feb 8 2017 - View Summary

    Identical to S 54, filed 2/8/17.

    Amends SL 1947-926, as amended, concerning the Charlotte Firefighters' Retirement System, by amending the definition of the final average salary. Under current law final average salary means the monthly average compensation received by a Member (defined as a uniformed employee of the Charlotte Fire Department) during any two consecutive Plan Years of Membership Service which produces the highest average and is contained within the Members' last five years of Membership Service. Amends the definition to now define final average salary to be, effective with respect to Plan Years beginning on or after July 1, 2001, the higher of: (1) the monthly average compensation received during the two highest consecutive Plan Years of the Member's (defined as a uniformed employee of the Charlotte Fire Department) last five years of Membership Service, or (2) the monthly average compensation received during the 104 weeks preceding the end of the Member's Membership Service. 

    Effective July 1, 2017.

    Employment and Retirement, Government, Public Safety and Emergency Management
    Mecklenburg
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