§ 135-150 – Definitions.
135-150. Definitions. The following words and phrases as used in this Article, 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. 135-6. (2) "Internal Revenue Code" means the Internal Revenue Code of 1986, as amended from time to […]
§ 135-95 – Exemption from garnishment, attachment.
135-95. Exemption from garnishment, attachment. 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 the benefits provided under this Article is nonforfeitable […]
§ 135-96 – Supplemental Retirement Board of Trustees.
135-96. Supplemental Retirement Board of Trustees. (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 North Carolina Public School Teachers’ and Professional Educators’ Investment Plan established […]
§ 135-97 – Immunity.
135-97. Immunity. 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: (1) The person was not acting within […]
§ 135-100 – Short title and purpose.
135-100. Short title and purpose. (a) This Article shall be known and may be cited as the "Disability Income Plan of North Carolina". (b) The purpose of this Article is to provide equitable replacement income for eligible teachers and employees who become temporarily or permanently disabled for the performance of their duty prior to retirement, […]
§ 135-101 – Definitions.
135-101. Definitions. The following words and phrases as used in this Article, unless a different meaning is plainly required by the context, shall have the following meanings: (1) "Base rate of compensation" shall mean the regular monthly rate of compensation not including pay for shift premiums, overtime, or other types of extraordinary pay; in all […]
§ 135-102 – Administration.
135-102. Administration. (a) The provisions of this Article shall be administered by the Department of State Treasurer and the Board of Trustees of the Teachers’ and State Employees’ Retirement System and all expenses in connection with the administration of the Plan, except for expenses incurred by and properly charged to the employer, shall be charged […]
§ 135-103 – Eligible participants.
135-103. Eligible participants. (a) The eligible participants of the Disability Income Plan shall consist of: (1) All teachers and employees in service and members of the Teachers’ and State Employees’ Retirement System or participants of the Optional Retirement Program on January 1, 1988. (2) All persons who become teachers and employees or re-enter service as […]
§ 135-104 – Salary continuation.
135-104. Salary continuation. (a) A participant shall receive no benefits from the Plan for a period of 60 continuous calendar days from the onset of disability determined as the last actual day of service, the day of the disabling event if the disabling event occurred on a day other than a normal workday, or the […]
§ 135-105 – Short-term disability benefits.
135-105. Short-term disability benefits. (a) Any participant who becomes disabled and is no longer able to perform his or her usual occupation may receive a benefit commencing on the first day succeeding the waiting period provided all of the following conditions are met: (1) Application for the benefit occurs at least 365 calendar days succeeding […]