12 | 13 | | A BILL TO BE ENTITLED 1 |
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13 | 14 | | AN ACT TO PREVENT THE ELIMINATION OF RETIREE MEDICAL BENEFITS FOR 2 |
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14 | 15 | | MEMBERS FIRST EARNING SERVICE ON OR AFTER JANUARY 1, 2021, UNDER 3 |
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15 | 16 | | THE NORTH CAROLINA TEACHERS' AND STATE EMPLOYEES ' RETIREMENT 4 |
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16 | 17 | | SYSTEM, THE CONSOLIDATED JUDICIAL RETIREMENT SYSTEM, THE 5 |
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17 | 18 | | LEGISLATIVE RETIREMENT SYSTEM, OR THE OPTIONAL RETIREMENT 6 |
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18 | 19 | | PROGRAMS. 7 |
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19 | 20 | | The General Assembly of North Carolina enacts: 8 |
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20 | 21 | | SECTION 1.(a) Subsections (c) and (d) of Section 35.21 of S.L. 2017-57 are 9 |
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21 | 22 | | repealed. 10 |
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22 | 23 | | SECTION 1.(b) This section is effective retroactively to December 31, 2020. 11 |
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23 | 24 | | SECTION 2. There is appropriated from the General Fund to the Department of 12 |
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24 | 25 | | State Treasurer the sum of five hundred thousand dollars ($500,000) in recurring funds for the 13 |
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25 | 26 | | 2025-2026 fiscal year and the sum of two million dollars ($2,000,000) in recurring funds for the 14 |
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26 | 27 | | 2026-2027 fiscal year to be used to address the increased cost to the North Carolina State Health 15 |
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27 | 28 | | Plan for Teachers and State Employees as a result of the continuation of retiree medical members 16 |
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28 | 29 | | under this act. 17 |
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29 | 30 | | SECTION 3. Except as otherwise provided, this act becomes effective July 1, 2025. 18 |
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