Bill Summary for H 476 (2025-2026)
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| View NCGA Bill Details(link is external) | 2025-2026 Session |
AN ACT MAKING TECHNICAL CORRECTIONS AND ADMINISTRATIVE CHANGES TO THE LAWS GOVERNING AND RELATED TO THE DEPARTMENT OF STATE TREASURER.Intro. by Carson Smith, Wheatley.
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Bill summary
Senate committee substitute to the 3rd edition adds the following content in new Part VIII.
Amends GS 135-5.6 to allow UNC Health Care System employees who are employed before January 1, 2024, and are members of either the Retirement System or the Optional Retirement Program before January 1, 2024, to keep membership in that System or Program, removing the provision that allowed the member to alternatively make a one-time irrevocable election to cease membership in the System or Program in favor of a similar benefit offered by the UNC Health Care System.
Amends GS 135-3.7 to allow employees of the Medical Faculty Practice Plan and the East Carolina University (ECU) Dental School Clinical Operations who are employed before January 1, 2024, and are members of either the Retirement System or the Optional Retirement Program before January 1, 2024, to keep membership in that System or Program, removing the provision that allowed the member to alternatively make a one-time irrevocable election to cease membership in the System or Program in favor of a similar benefit offered by the ECU School of Medicine, the Medical Faculty Practice Plan, or the ECU Dental School Clinical Operations.
Makes conforming organizational changes.