Bill Summary for H 1020 (2023-2024)

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Bill: RETIREMENT ADMIN. CHANGES ACT OF 2024.

Summary date: 

May 21 2024
S.L. 2024-8

Bill Information:

View NCGA Bill Details2023-2024 Session
House Bill 1020 (Public) Filed Thursday, May 2, 2024
AN ACT MAKING ADMINISTRATIVE AND CONFORMING CHANGES TO THE LAWS GOVERNING THE TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM, THE LOCAL GOVERNMENTAL EMPLOYEES' RETIREMENT SYSTEM, THE CONSOLIDATED JUDICIAL RETIREMENT SYSTEM, THE LEGISLATIVE RETIREMENT SYSTEM, AND RELATED STATUTES.
Intro. by Carson Smith.

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Bill summary

House committee substitute to the 1st edition makes the following changes.

Part I

Makes a technical correction to the statutory citation of GS 135-3(8).  

Part VII

Makes technical changes to the reference to portions of GS 135-92(a) (membership of supplemental retirement plans) in GS 135-93(b) (contribution to supplemental retirement plans) to reflect updates to the statute.