Bill Text: NC S1423 | 2010 | Regular Session | Amended
Bill Title: State Health Plan/ Local Govt Retiree Contrib
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2010-05-26 - Ref To Com On Pensions & Retirement & Aging [S1423 Detail]
Download: North_Carolina-2010-S1423-Amended.html
GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2009
S 1
SENATE BILL 1423*
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Short Title: State Health Plan/ Local Govt Retiree Contrib. |
(Local) |
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Sponsors: |
Senator Clary. |
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Referred to: |
Pensions & Retirement & Aging. |
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May 26, 2010
A BILL TO BE ENTITLED
AN ACT to provide that a local government that has been submitting premium payments for its employees to the state health plan for teachers and state employees is not liable for contributions owed to the state retirement system for a specified period.
The General Assembly of North Carolina enacts:
SECTION 1. This act applies to Rutherford County only.
SECTION 2. Notwithstanding Section 31.26(b) of S.L. 2004‑124, a local government that was approved to participate in the Teachers' and State Employees' Comprehensive Major Medical Plan ("Plan") (predecessor plan to the State Health Plan for Teachers and State Employees) effective July 1, 2004, and that has been making contributions to the Plan for its active and retired employees based on active employee contribution rates, is not liable for the amount of contributions owed to the Local Government Employees' Retirement System under S.L. 2004‑124 that represents the difference between the contribution rate owed under S.L. 2004‑124 and the amount actually paid to the Plan for local government retiree coverage.
SECTION 3. This act becomes effective July 1, 2010, and applies only to retirement contributions owing for the period July 1, 2004, through July 1, 2008.
