NORTH CAROLINA GENERAL ASSEMBLY

1979 SESSION

 

 

CHAPTER 866

HOUSE BILL 904

 

 

AN ACT TO REMOVE THE VESTED PROHIBITION AGAINST THE PURCHASE OF OUT-OF-STATE SERVICE CREDIT IN THE TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM AND LOCAL GOVERNMENTAL EMPLOYEES' RETIREMENT SYSTEM.

 

The General Assembly of North Carolina enacts:

 

Section 1.  The third sentence of G.S. 128-26(j) is deleted and the following is substituted: "Credit will be allowed only if no benefit is allowable in another public retirement system as the result of the service."

Sec. 2.  The third sentence of G.S. 135-4(l) is deleted and the following is substituted: "Credit will be allowed only if no benefit is allowable in another public retirement system as a result of the service."

Sec. 3.  This act shall become effective July 1, 1979.

In the General Assembly read three times and ratified, this the 8th day of June, 1979.