NORTH CAROLINA GENERAL ASSEMBLY

1963 SESSION

CHAPTER 736

HOUSE BILL 1056

AN ACT TO PERMIT THE CITY OF DURHAM AND DURHAM COUNTY TO SUPPLEMENT THE RETIREMENT ALLOWANCES OF CERTAIN CITY AND COUNTY EMPLOYEES.

The General Assembly of North Carolina do enact:

Section 1. In order to provide early retirement for certain groups of employees of the City of Durham and the County of Durham whose types of employment are such that it makes it difficult for them to perform adequate service to age sixty-five, the governing authority of the City of Durham or the governing authority of the County of Durham, either or both authorities, are hereby authorized and empowered, in their discretion, to create a Supplemental Retirement Fund and make rules and regulations therefor and payment thereto, or to make payments into an existing Supplemental Retirement Fund. The governing authority of said City or County, either or both of said authorities, may make reasonable classifications of their employees for the purpose of determining to which classification or group said Supplemental Retirement Benefit or Allowance shall be paid, and payment shall be made on a uniform basis to persons within the eligible classification. The governing authority of said City or County, either or both, are hereby authorized to make payments into said Supplemental Retirement System not in excess of three per cent (3%) of the salary of employees in said group or groups to whom this Supplemental Retirement Benefit will be paid.

Sec. 2. Available funds, including funds derived from taxes, may be appropriated and used for the purposes herein described.

Sec. 3. All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 4. This Act shall be in full force and effect from and after its ratification.

In the General Assembly read three times and ratified, this the 6th day of June, 1963.