NORTH CAROLINA GENERAL ASSEMBLY

1981 SESSION

CHAPTER 1235

HOUSE BILL 1564

AN ACT TO REVISE THE REIDSVILLE FIREMEN'S SUPPLEMENTAL RETIREMENT FUND.  

The General Assembly of North Carolina enacts:

Section 1.  Section 3(a) of Chapter 94, Session Laws of 1979, is amended as follows:

(a)       by deleting from lines 2 and 3 the phrase "with 20 years service, or more, as a fireman of the City of Reidsville";

(b)       by deleting from lines 10 and 11 the words and figures "eight hundred dollars ($800.00)" and substituting the words and figures "one thousand two hundred dollars ($1,200)";

(c)       by deleting from lines 12 and 13 the words and figures "four hundred dollars ($400.00)" and substituting the words and figures "six hundred dollars ($600.00)".

Sec. 2. Section 3 of Chapter 94, Session Laws of 1979, is further amended by adding a new subsection (c) to read as follows:

"(c)      For purposes of this act, the term 'retired fireman of the city' shall mean (1) as to full-time or call or volunteer firefighters who were on the City Fire Department roster as of October 11, 1981, a fireman who has retired after 20 years service or more as a fireman of the City of Reidsville; and (2)        as to full-time or call or volunteer firefighters who were not on the City Fire Department roster as of October 11, 1981, a fireman who has retired after 25 years service or more as a fireman of the City of Reidsville and who has attained the age of 55 years."

Sec. 3. This act is effective upon ratification, and shall apply to disbursements of supplemental retirement benefits made subsequent to July 1, 1982.

In the General Assembly read three times and ratified, this the 18th day of June, 1982.