Bill Summary for S 728 (2023-2024)
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Summary date:
May 2 2023
Bill Information:
| View NCGA Bill Details | 2023-2024 Session |
AN ACT TO INCREASE ELIGIBLE FIREFIGHTERS' RETIREMENT FROM ONE HUNDRED SEVENTY DOLLARS TO TWO HUNDRED DOLLARS, TO INCREASE CONTRIBUTIONS FROM TEN DOLLARS TO TWENTY DOLLARS, AND TO PROVIDE AN INFLATIONARY FACTOR FOR FUTURE DISBURSEMENTS.Intro. by Burgin.
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Bill summary
Correction: Amends GS 58-86-35, GS 58-86-40, and GS 58-86-45, increasing monthly member payments to the NC Firefighters' and Rescue Squad Workers' Pension Fund (Pension Fund) from $10 to $20 (not $25) as it applies to new and current members and workers seeking retroactive membership.