NORTH CAROLINA GENERAL ASSEMBLY

1969 SESSION

CHAPTER 481

SENATE BILL 396

AN ACT RELATING TO PAYMENT OF FIREMEN'S RETIREMENT CONTRIBUTIONS IN THE CITY OF ROANOKE RAPIDS AND TO MODIFY THE APPLICATION OF G.S. 118-7 TO THE CITY.

The General Assembly of North Carolina do enact:

Section 1.  Notwithstanding the provisions of G.S. 118-7, the Board of Trustees of the Local Firemen's Relief Fund of the City of Roanoke Rapids is hereby authorized to pay from the monies of the Fund to the City of Roanoke Rapids the lesser of fifteen thousand dollars ($15,000.00) or an amount equal to ten per cent of the total payroll of all employees of the Fire Department of the City of Roanoke Rapids for the twelve calendar month period beginning with the calendar month in which employees of the City shall become members of the North Carolina Local Governmental Employees' Retirement System.  Such amount may be paid in a lump sum or periodically during the twelve month period, in the discretion of the Board of Trustees.  Any funds paid to the City pursuant to this Act shall be applied only to the City's contributions to the North Carolina Local Governmental Employees' Retirement System on behalf of employees of the Fire Department of the City.

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 All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 3. This Act shall become effective upon its ratification.

In the General Assembly read three times and ratified, this the 13th day of May 1969.