GENERAL ASSEMBLY OF NORTH CAROLINA

1983 SESSION

 

 

CHAPTER 878

SENATE BILL 688

 

AN ACT URGING THE SECOND SESSION OF THE 1983 GENERAL ASSEMBLY TO CONSIDER ADOPTING AN UNREDUCED RETIREMENT ALLOWANCE FOR TEACHERS, STATE EMPLOYEES AND LAW ENFORCEMENT OFFICERS WITH TWENTY-EIGHT YEARS' OF SERVICE.

 

Whereas, private employers have realized substantial payroll savings from allowing earlier employee retirements; and

Whereas, earlier retirements can reduce the need for involuntary layoffs of employees; and

Whereas, earlier retirements can help alleviate the problems of employee "burn-out", resulting in less productive workers; and

Whereas, earlier retirements can greatly open and expand career paths for younger employees; and

Whereas, earlier retirements can offer many employees the challenges of a second career; Now, therefore,

 

The General Assembly of North Carolina enacts:

 

Section 1.  The 1984 Second Session of the 1983 General Assembly is urged to give due consideration to enacting an unreduced service retirement for members of the Teachers' and State Employees' Retirement System and for members of the Law Enforcement Officers' Retirement System upon the completion of 28 years of creditable membership service.

Sec. 2.  This act is effective upon ratification.

In the General Assembly read three times and ratified, this the 20th day of July, 1983.