165 sections in this chapter.
N.C. Gen. Stat. § 135-75 Deduction for payments allowed
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(a) Any beneficiary who is a member of a domiciled employees' or retirees' association that has at least 2,000 members, the majority of whom are active or retired employees of the State or public school employees, may authorize, in writing, the periodic deduction from the benefic…
N.C. Gen. Stat. § 135-75.1 Forfeiture of retirement benefits for certain felonies committed while serving as elected government official
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(a) Except as provided in G.S. 135-56(g), the Board of Trustees shall not pay any retirement benefits or allowances, except for a return of member contributions plus interest, to any member who is convicted of any felony under the federal laws listed in subsection (b) of this sec…
N.C. Gen. Stat. § 135-75.1A Forfeiture of retirement benefits for certain felonies related to employment or holding office
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(a) Except as provided in G.S. 135-56(j), the Board of Trustees shall not pay any retirement benefits or allowances, except for a return of member contributions plus interest, to any member who is convicted of any felony under federal law or the laws of this State if all of the f…
N.C. Gen. Stat. § 135-75.1B Prohibition on purchase of forfeited service
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Any member whose retirement benefits have been forfeited under G.S. 135-75.1 or G.S. 135-75.1A is prohibited from subsequently purchasing or repurchasing either those forfeited benefits or any creditable membership service associated with those forfeited benefits and that service…
N.C. Gen. Stat. § 135-75.2 Improper receipt of decedent's retirement allowance
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A person is guilty of a Class 1 misdemeanor if the person, with the intent to defraud, receives money as a result of cashing, depositing, or receiving a direct deposit of a decedent's retirement allowance and the person (i) knows that he or she is not entitled to the decedent's r…
N.C. Gen. Stat. § 135-8 Method of financing
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(a) Funds to Which Assets of Retirement System Credited. - All of the assets of the Retirement System shall be credited according to the purpose for which they are held to one of of two funds, namely, the annuity savings fund and the pension accumulation fund. (b) Annuity Savings…
N.C. Gen. Stat. § 135-9 Exemption from garnishment, attachment, etc.; employing unit to offset amount owed by member or beneficiary
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(a) Except for the applications of the provisions of G.S. 110-136, and G.S. 110-136.3 et seq., and in connection with a court-ordered equitable distribution under G.S. 50-20, the right of a person to a pension, or annuity, or a retirement allowance, to the return of contributions…
N.C. Gen. Stat. § 135-90 Short title and purpose
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(a) This Article shall be known and may be cited as the "Supplemental Retirement Income Act of 1984". (b) The purpose of the Article is to attract and hold qualified employees and officials of the State of North Carolina and its political subdivisions by permitting them to partic…
N.C. Gen. Stat. § 135-91 Administration
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(a) The provisions of this Article shall be administered by the Department of State Treasurer and the Supplemental Retirement Board of Trustees established in G.S. 135-96. The Department of State Treasurer and the Board of Trustees shall create a Supplemental Retirement Income Pl…
N.C. Gen. Stat. § 135-92 Membership
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(a) The membership eligibility of the Supplemental Retirement Income Plan shall consist of any of the following individuals who voluntarily elect to enroll in the Plan: (1) Members of the Teachers' and State Employees' Retirement System. (2) Members of the Consolidated Judicial R…
N.C. Gen. Stat. § 135-93 Contributions
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(a) Each member may elect to reduce his compensation by the amount of his contribution to the Supplemental Retirement Income Plan and that amount shall be held in the member's account. Members electing such a reduction in compensation may authorize payroll deductions for making c…
N.C. Gen. Stat. § 135-94 Benefits
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(a) The Department of State Treasurer and the Board of Trustees shall establish a schedule of supplemental retirement income benefits for all members of the Supplemental Retirement Income Plan, subject to the following limitations: (1) Except as provided in G.S. 143-166.30(g1) an…
N.C. Gen. Stat. § 135-95 Exemption from garnishment, attachment
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Except for the applications of the provisions of G.S. 143-166.30(g1), G.S. 143-166.50(e2), G.S. 110-136, and G.S. 110-136.3 et seq., and in connection with a court-ordered equitable distribution under G.S. 50-20, the right of a member in the Supplemental Retirement Income Plan to…
N.C. Gen. Stat. § 135-96 Supplemental Retirement Board of Trustees
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(a) The Supplemental Retirement Board of Trustees is established to administer the Supplemental Retirement Income Plan established under the provisions of this Article and the North Carolina Public Employee Deferred Compensation Plan established under G.S. 143B-426.24, and the No…
N.C. Gen. Stat. § 135-97 Immunity
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A person serving on the Supplemental Retirement Board of Trustees shall be immune individually from civil liability for monetary damages, except to the extent covered by insurance, for any act or failure to act arising out of that service, except where any of the following apply:…