NORTH CAROLINA GENERAL ASSEMBLY

1975 SESSION

 

 

CHAPTER 51

SENATE BILL 74

 

AN ACT TO AMEND CHAPTER 537 OF THE SESSION LAWS OF 1949 RELATING TO A SUPPLEMENTARY PENSION FUND FOR FIREMEN IN THE CITY OF GASTONIA.

 

The General Assembly of North Carolina enacts:

 

Section 1. Subsection 5 of Chapter 537 of the Session Laws of 1949, as amended by Section 2 of Chapter 111 of the Session Laws of 1957, is amended to read as follows:

"Any full-time paid member of said fire department who retires or is retired under the provisions of Section 4 of Chapter 537 of the Session Laws of 1949 shall receive monthly for the remainder of his life from the 'Supplementary Pension Fund' an amount equal to three dollars ($3.00) per month for each year of service, or major portion thereof, not to exceed one hundred dollars ($100.00) per month."

Sec. 2. This act shall become effective upon ratification.

In the General Assembly read three times and ratified, this the 14th day of March, 1975.