GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1991

H	1 

HOUSE BILL 380

Short Title:  Local Gov't. Retiree Benefit Increases.  	(Public)
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Sponsors: Representatives Colton; Bowman, N.J. Crawford, Greenwood, Mercer, Nesbitt, and Warner.
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Referred to:  Pensions & Retirement.
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March 28, 1991

A BILL TO BE ENTITLED
AN ACT TO PROVIDE POST-RETIREMENT ALLOWANCE INCREASES TO CERTAIN RETIRED GENERAL EMPLOYEES, LAW OFFICERS, AND THEIR BENEFICIARIES IN THE LOCAL GOVERNMENTAL EMPLOYEES' RETIREMENT SYSTEM AND TO CERTAIN RETIRED LAW OFFICERS AND THEIR BENEFICIARIES IN THE TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM.
The General Assembly of North Carolina enacts:
Section 1.   G.S. 128-27 is amended by adding two new subsections to read:
"( jj)	Increases in Allowances to Certain Persons Retired before July 1, 1982.  From and after July 1, 1991, the retirement allowances to or on account of beneficiaries who commenced receiving retirement allowances prior to July 1, 1982, shall be increased in accordance with the following schedule:
Allowances Commenced:	Percentage Increases:
On and after July 1, 1980
but before July 1, 1982	4.0%
On and after July 1, 1977
but before July 1, 1980	6.6%
Before July 1, 1977	9.0%
The post-retirement allowance increases provided by this subsection shall not apply to or on account of beneficiaries retired from the Law Enforcement Officers' Retirement System or the Law Enforcement Officers' Benefit and Retirement Fund.  The post-retirement allowance increases provided by this subsection shall be in addition to any other post-retirement allowance increases provided under this Article by the 1991 Session of the General Assembly so as not to be compounded on any other such post-retirement allowance increases that may be granted by the 1991 Session of the General Assembly.
(kk)	Increases in Allowances to Certain Persons Retired before July 1, 1981.  From and after July 1, 1991, the retirement allowances to or on account of beneficiaries who commenced receiving retirement allowances from the Law Enforcement Officers' Retirement System or the Law Enforcement Officers' Benefit and Retirement Fund prior to July 1, 1981, shall be increased in accordance with the following schedule:
Allowances Commenced:	Percentage Increases:
On and after July 1, 1980
but before July 1, 1981	 2.3%
On and after July 1, 1977
but before July 1, 1980	 9.3%
On and after July 1, 1976
but before July 1, 1977	14.3%
Before July 1, 1976	21.3%
The post-retirement allowance increases provided by this subsection shall be in addition to any other post-retirement allowance increases provided under this Article by the 1991 Session of the General Assembly so as not to be compounded on any other such post-retirement allowance increases that may be granted by the 1991 Session of the General Assembly."
Sec. 2.  G.S. 135-5 is amended by adding a new subsection to read:
"( tt)	Increases in Allowances to Certain Persons Retired before July 1, 1981.  From and after July 1, 1991, the retirement allowances to or on account of beneficiaries who commenced receiving retirement allowances from the Law Enforcement Officers' Retirement System or the Law Enforcement Officers' Benefit and Retirement Fund prior to July 1, 1981, shall be increased in accordance with the following schedule:
Allowances Commenced:	Percentage Increases:
On and after July 1, 1980
but before July 1, 1981	 2.3%
On and after July 1, 1977
but before July 1, 1980	 9.3%
On and after July 1, 1976
but before July 1, 1977	14.3%
Before July 1, 1976	21.3%
The post-retirement allowance increases provided by this subsection shall be in addition to any other post-retirement allowance increases provided under this Article by the 1991 Session of the General Assembly so as not to be compounded on any other such post-retirement allowance increases that may be granted by the 1991 Session of the General Assembly."   
Sec. 3.  This act becomes effective July 1, 1991.