A BILL TO BE ENTITLED
AN ACT to provide that members of the fire and rescue pension fund who withdraw from membership are entitled to the return of all funds.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 58‑86‑60(4) reads as rewritten:
"(4)	Any member withdrawing from the fund shall, upon proper application, be paid all moneys  without accumulated earnings on the payments after the time they were made less an administrative fee equal to the lesser of the amount the individual contributed to the fund or twenty‑five dollars ($25.00). The administrative fees collected by the fund shall be retained by the Board to defray administrative expenses, including salaries. "
SECTION 2.  This act is effective when it becomes law.