NORTH CAROLINA GENERAL ASSEMBLY

1969 SESSION

CHAPTER 211

HOUSE BILL 411

AN ACT TO AUTHORIZE PASQUOTANK COUNTY TO ENTER INTO CONTRACTS FOR A RETIREMENT SYSTEM.

The General Assembly of North Carolina do enact:

Section 1.  The Board of County Commissioners of Pasquotank County is hereby authorized and permitted, in its discretion, to contract with any company, firm, corporation or association for a system of retirement, disability or death benefits, or any combination thereof, for the employees and officials of Pasquotank County, including the governing body thereof, and to expend the funds necessary therefor.

The Board of Commissioners of Pasquotank County is hereby authorized, in its discretion, to require payroll deductions of officials and employees who elect to participate in the System in order to provide funds which may be used in assisting in defraying the cost of the System.

Sec. 2. The Board of Commissioners of Pasquotank County is hereby authorized to extend the permissible employment period of any employee who reaches 65 years of age from year to year up to December 31 of the year in which such employee reaches 70 years of age.

Sec. 3. The powers herein granted shall be construed to be supplemental to powers heretofore granted to the Board of Commissioners of Pasquotank County.

Sec. 4. All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 5. This Act shall become effective upon its ratification.

In the General Assembly read three times and ratified, this the 9th day of April, 1969.