Bill Summary for S 139 (2025-2026)
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Summary date:
Feb 24 2025
Bill Information:
| View NCGA Bill Details(link is external) | 2025-2026 Session |
AN ACT TO PREVENT THE ELIMINATION OF RETIREE MEDICAL BENEFITS FOR MEMBERS FIRST EARNING SERVICE ON OR AFTER JANUARY 1, 2021, UNDER THE NORTH CAROLINA TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM, THE CONSOLIDATED JUDICIAL RETIREMENT SYSTEM, THE LEGISLATIVE RETIREMENT SYSTEM, OR THE OPTIONAL RETIREMENT PROGRAMS.Intro. by Waddell.
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Bill summary
Repeals subsections (c) and (d) of Section 35.21 of SL 2017-57, as title indicates. Effective retroactively to December 31, 2020.
Effective July 1, 2025, appropriates $500,000 in recurring funds for 2025‑26 and $2 million in recurring funds for 2026‑27 to the Department of State Treasurer to address the increased cost to the North Carolina State Health Plan for Teachers and State Employees as a result of the continuation of retiree medical members under this act.