58-86-1. Fund established; administration by board of trustees; rules and regulations. For the purpose of furthering the general welfare and police powers and obligations of the State with respect to the protection of all its citizens from the consequences of loss or damage by fire and of injury by serious accident or illness, of increasing […]
58-86-10. Powers and duties of the board. The Board of Trustees of the North Carolina Local Governmental Employees’ Retirement System shall administer the Pension Fund. The board shall request appropriations out of the general fund for administrative expenses and to provide for the financing of this pension fund, employ necessary clerical assistance, determine all applications […]
58-86-100. Forfeiture of retirement benefits for certain felonies that would bring disrepute on a fire department or rescue squad. (a) Except as provided in G.S. 58-86-95(h), the Board of Trustees shall not pay any retirement benefits or allowances, except for a return of member contributions, to any member who is convicted of any felony under […]
58-86-101. Prohibition on purchase of forfeited service. Any member whose retirement benefits have been forfeited under G.S. 58-86-100 is prohibited from subsequently purchasing or repurchasing either those forfeited benefits or any creditable membership service associated with those forfeited benefits. (2018-52, s. 6(e).)
58-86-11. Powers and duties of the advisory panel. The advisory panel shall meet at least once annually upon call of the chair. The advisory panel shall have no administrative authority but shall prepare an annual report to the Board of Trustees of the North Carolina Local Governmental Employees’ Retirement System regarding the status and needs […]
58-86-2. 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) "Board" means the Board of Trustees of the Local Governmental Employees’ Retirement System. (2) "Chair" means the chair of the Board of Trustees of the Local Governmental […]
58-86-20. State Treasurer to be custodian of fund; appropriations; contributions to fund; expenditures. The State Treasurer shall be the custodian of the North Carolina Firefighters’ and Rescue Squad Workers’ Pension Fund and shall invest its assets in accordance with the provisions of G.S. 147-69.2 and G.S. 147-69.3. The appropriations made by the General Assembly out […]
58-86-25. Determination and certification of eligible firefighters. For purposes of this Article, eligible firefighters must attend 36 hours of training sessions in each calendar year. Each eligible fire department shall annually determine and report a certified roster of the names of those firefighters meeting the eligibility qualifications of this Article to its respective governing body, […]
58-86-30. Determination and certification of "eligible rescue squad worker." Eligible rescue squad workers must attend at least 36 hours of training sessions in each calendar year. Each rescue or emergency medical services squad eligible for membership in the North Carolina Association of Rescue and Emergency Medical Services, Inc., must file a roster certified by the […]
58-86-35. Firefighters’ application for membership in fund; monthly payments by members; payments credited to separate accounts of members; termination of membership. Those firefighters who are eligible pursuant to G.S. 58-86-25 may apply to the board for membership. Each firefighter upon becoming a member of the fund shall pay the director of the fund the sum […]
58-86-40. Rescue squad worker’s application for membership in funds; monthly payments by members; payments credited to separate accounts of members; termination of membership. Those rescue squad workers eligible pursuant to G.S. 58-86-30 may apply to the board for membership. Each eligible rescue squad worker upon becoming a member shall pay the director of the fund […]
58-86-45. Additional retroactive membership. (a) Repealed by Session Laws 2013-284, s. 1(a), effective July 1, 2013. (a1) Any firefighter or rescue squad worker who is 35 years of age or older and who is a current or former member of a fire department or rescue squad chartered by the State of North Carolina may purchase […]
58-86-55. Monthly pensions upon attaining the age of 55 years. (a) Any member who has served 20 years as an "eligible firefighter" or "eligible rescue squad worker" in the State of North Carolina, as provided in G.S. 58-86-25 and G.S. 58-86-30, and who has attained the age of 55 years is entitled to be paid […]
58-86-6. Firefighters’ and Rescue Squad Workers’ Pension Fund Advisory Panel. There is created an advisory panel to be known as the Firefighters’ and Rescue Squad Workers’ Pension Fund Advisory Panel, hereinafter referred to as "the advisory panel." The advisory panel shall consist of seven persons: (1) The Director of the Retirement Systems Division of the […]
58-86-60. (See Note) Payments in lump sums. The board shall direct payment in lump sums from the fund in the following cases: (1) To any firefighter or rescue squad worker upon the attaining of the age of 55 years, who, for any reason, is not qualified to receive the monthly retirement pension and who was […]
58-86-65. Pro rata reduction of benefits when fund insufficient to pay in full. If, for any reason, the fund created and made available for any purpose covered by this Article shall be insufficient to pay in full any pension benefits, or other charges, then all benefits or payments shall be reduced pro rata, for as […]
58-86-70. Provisions subject to future legislative change. These pensions shall be subject to future legislative change or revision, and no member of the fund, or any person, is deemed to have acquired any vested right to a pension or other payment provided by this Article. (1957, c. 1420, s. 1; 1959, c. 1212, s. 1; […]
58-86-75. Determination of creditable service; information furnished by applicants for membership. The board shall determine by appropriate rules and regulations the number of years’ credit for service of firefighters and rescue squad workers. Firefighters and rescue squad workers who are now serving as such shall furnish the board with information upon applying for membership as […]
58-86-80. Length of service not affected by serving in more than one department or squad; transfer from one department or squad to another. A firefighter’s or rescue squad worker’s length of service shall not be affected by the fact that he or she may have served with more than one department or squad, and upon […]
58-86-90. Exemptions of pensions from attachment; rights nonassignable. Except for the applications of the provisions of G.S. 110-136, and in connection with a court-ordered equitable distribution under G.S. 50-20, the pensions provided are not subject to attachment, garnishments or judgments against the firefighter or rescue squad worker entitled to them, nor are any rights in […]