NORTH CAROLINA GENERAL ASSEMBLY

1971 SESSION

 

 

CHAPTER 993

HOUSE BILL 1447

 

 

AN ACT TO PROVIDE FOR ALLOWING CREDIT IN THE TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM FOR SERVICE PRIOR TO JULY 1, 1941, TO CERTAIN RETIRED MEMBERS NOT PREVIOUSLY ENTITLED TO SUCH CREDIT.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 1354(a), as the same appears in the 1969 Cumulative Supplement to the General Statutes, is amended on line 10 immediately following the words "claims credit," by inserting the following:

"provided, that any member retiring on a service retirement allowance prior to July 1, 1965, with credit for not less than ten years of membership service who at the time of his retirement did not qualify for credit for his service as a teacher or State employee prior to July 1, 1941, may request on and after July 1, 1971, that his original benefit be recalculated, in accordance with the formula prevailing at the time of his retirement, to include credit for such service with the new benefit to become effective on the first of the month following certification of the claim;".

Sec. 2.  This act shall become effective July 1, 1971.

In the General Assembly read three times and ratified, this the 20th day of July, 1971.