GENERAL ASSEMBLY OF NORTH CAROLINA

1997 SESSION

 

 

S.L. 1997-460

SENATE BILL 713

 

 

AN ACT TO REPEAL THE AUTHORIZATION OF SUPPLEMENTAL RETIREMENT BENEFITS FOR FIREMEN IN THE CITY OF RALEIGH.

 

The General Assembly of North Carolina enacts:

 

Section 1.  Chapter 421 of the 1969 Session Laws, as amended by Chapter 504 of the 1975 Session Laws, Chapter 328 of the 1979 Session Laws, and Chapter 917 of the 1989 Session Laws, is repealed.

Section 2.  All funds held by the Trustees of the City of Raleigh Firemen's Supplemental Retirement Fund are transferred to the City of Raleigh Firemen's Relief Fund to be held and administered as provided in Article 84 of Chapter 58 of the General Statutes of North Carolina.

Section 3.  This act becomes effective July 1, 1997.

In the General Assembly read three times and ratified this the 18th day of August, 1997.

s/   Dennis A. Wicker

President of the Senate

 

s/   Harold J. Brubaker

Speaker of the House of Representatives

 

s/   James B. Hunt, Jr.

Governor

 

Approved 6:01 p.m. this 29th day of August, 1997