NORTH CAROLINA GENERAL ASSEMBLY

1967 SESSION

 

 

CHAPTER 889

SENATE BILL 582

 

 

AN ACT TO AUTHORIZE THE ROANOKE RAPIDS SANITARY DISTRICT IN HALIFAX COUNTY, IN ITS DISCRETION, TO PROVIDE FOR A RETIREMENT SYSTEM OR DEATH BENEFITS FOR ITS OFFICERS AND EMPLOYEES.

 

The General Assembly of North Carolina do enact:

 

Section 1. The governing body of the Roanoke Rapids Sanitary District in Halifax County may, in its discretion, in lieu of participating in the Local Governmental Employee's Retirement System, expend funds to provide a retirement system or some system for retirement or death benefits, or both, for the officers and employees of the district. Said governing body shall, in its discretion, cause said Sanitary District to bear the total expense of such a program or it may, in its discretion, require employees and officers to bear such portion of the expense as it may determine. Said governing body shall have full authority to determine whether it shall cause an independent retirement system to be created or whether it shall pay premiums to purchase insurance or other retirement benefit contracts providing retirement or death benefits or both. Said governing body is authorized to prescribe rules and regulations governing participation in the program and eligibility for benefits, and to do all other things deemed wise and expedient to effectuate the purposes of this Act.

Sec. 2. All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 3. 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 22nd day of June, 1967.