NORTH CAROLINA GENERAL ASSEMBLY

1967 SESSION

 

 

CHAPTER 1223

HOUSE BILL 1324

 

 

AN ACT RELATING TO CERTAIN MINIMUM BENEFITS PAYABLE UNDER ARTICLE 1, CHAPTER 135 OF THE GENERAL STATUTES, THE TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM.

 

The General Assembly of North Carolina do enact:

 

Section 1.  Chapter 720 of the Session Laws of 1967, Section 5, is hereby amended by adding the following:

"(3)      Notwithstanding the foregoing provisions, any member whose creditable service commenced prior to July 1, 1963 shall receive not less than the benefit provided by G.S. 135-5(b)."

Sec. 2.  All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 3.  This Act shall become effective July 1, 1967.

In the General Assembly read three times and ratified, this the 6th day of July, 1967.