Amends GS 115C-270.20 as follows. Deletes (a)(4), which sets out the requirements for a lifetime license (which specified that a teacher is determined to have completed the required 30 or more years of teaching when the teacher holds a current NC teaching license and has completed 30 or more years of creditable service with the Teachers' and State Employees' Retirement System). Enacts (d), which requires the State Board of Education to issue a lifetime license to an individual currently licensed as a professional educator who has met at least one of the following: (1) completed 30 or more years of creditable service with the Teachers' and State Employees' Retirement System or (2) completed a combined total of 30 or more years of employment as a licensed teacher, administrator, or student services personnel in one or more public school units in this state.