Bill Summary for H 477 (2025-2026)

Printer-friendly: Click to view

Summary date: 

May 20 2025

Bill Information:

View NCGA Bill Details(link is external)2025-2026 Session
House Bill 477 (Public) Filed Thursday, March 20, 2025
AN ACT TO RECODIFY AND STANDARDIZE THE LAWS RELATING TO THE DEATH BENEFIT PLAN, INCLUDING BY MAKING TECHNICAL, CLARIFYING, AND CONFORMING CHANGES, UNDER THE TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM, THE LOCAL GOVERNMENTAL EMPLOYEES' RETIREMENT SYSTEM, THE CONSOLIDATED JUDICIAL RETIREMENT SYSTEM, AND THE LEGISLATIVE RETIREMENT SYSTEM, AND TO ENSURE SUFFICIENT FUNDING FOR LINE OF DUTY DEATH BENEFITS.
Intro. by Carson Smith, Wheatley.

View: All Summaries for BillTracking:

Bill summary

Senate committee substitute to the 4th edition makes the following changes.

Removes Section 13 of the act, concerning changes to a survivor’s alternate benefit under the specified retirement systems, including amendments to GS 135-5, GS 128-27, GS 135-63, and GS 120-4.2. Also removes the $2,702,000 appropriation to the Department of State Treasurer that was for the expansion of eligibility for the survivor’s alternate benefit. Makes conforming changes to the act’s long title.