US Lawyer Database

§ 128-38.4B – Prohibition on purchase of forfeited service.

128-38.4B. Prohibition on purchase of forfeited service. Any member whose retirement benefits have been forfeited under G.S. 128-38.4 or G.S. 128-38.4A is prohibited from subsequently purchasing or repurchasing either those forfeited benefits or any creditable membership service associated with those forfeited benefits and that service may not be used for the purposes of eligibility for […]

§ 128-38.5 – Improper receipt of decedent's retirement allowance.

128-38.5. Improper receipt of decedent’s retirement allowance. 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 […]

§ 128-38.6 – Employee protection and remedies against unlawful retaliation for furnishing information to the Retirement Systems Division.

128-38.6. Employee protection and remedies against unlawful retaliation for furnishing information to the Retirement Systems Division. (a) In the absence of fraud or malice, no person who furnishes information to the staff of the Retirement Systems Division relating to the investigation of possible violations of retirement law shall be liable for damages in a civil […]

§ 128-38.10 – Qualified Excess Benefit Arrangement.

128-38.10. Qualified Excess Benefit Arrangement. (a) The following words and phrases as used in this section, unless a different meaning is plainly required by the context, have the following meanings: (1) "Board of Trustees" means the Board of Trustees established by G.S. 128-28. (2) "Internal Revenue Code" means the Internal Revenue Code of 1986, as […]

§ 128-38.3 – Deduction for payments allowed.

128-38.3. Deduction for payments allowed. (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 employers as defined in G.S. 128-21(11), may authorize, in writing, the periodic deduction from the beneficiary’s retirement benefits a designated […]

§ 128-35 – Obligations of pension accumulation fund.

128-35. Obligations of pension accumulation fund. The maintenance of annuity reserves and pension reserves as provided for, and regular interest creditable to the various funds as provided in G.S. 128-30, and the payment of all pensions, annuities, retirement allowances, refunds and other benefits granted under the provisions of this Article, are hereby made obligations of […]

§ 128-36 – Local laws unaffected; when benefits begin to accrue.

128-36. Local laws unaffected; when benefits begin to accrue. Nothing in this Article shall have the effect of repealing any public-local or private act creating or authorizing the creation of any officers’ or employees’ retirement system in any county, city or town or prohibiting the enactment of any public-local or private act creating or authorizing […]