NORTH CAROLINA GENERAL ASSEMBLY

1973 SESSION

 

 

CHAPTER 938

HOUSE BILL 1655

 

AN ACT TO AMEND CHAPTER 918 OF THE 1951 SESSION LAWS RELATING TO EMPLOYEES' RETIREMENT SYSTEM OF THE CITY OF WILMINGTON.

 

The General Assembly of North Carolina enacts:

 

Section 1. Subsection (b) of Section 2 of Chapter 918 of the 1951 Session Laws is hereby repealed and the following enacted in lieu thereof:

"(b)      That when any employee member of the retirement system retires under the provisions of this act and dies leaving a surviving spouse, in that event such surviving spouse shall receive from the retirement fund a sum equal to fifty percent (50%) of the amount paid to the retired employee or twenty-five dollars ($25.00) per month, whichever is greater until the remarriage or death of such surviving spouse."

Sec. 2. This act shall be in full force and effect from and after January 1, 1974.

In the General Assembly read three times and ratified, this the 6th day of March, 1974.