North Carolina H477 revises and standardizes death benefit plans for state employees and retirees.
North Carolina H477 revises and standardizes death benefit plans for state employees and retirees. It creates a Death Benefit Plan for State Employees and Retirees, administered by the Board of Trustees. The plan provides lump-sum death benefits to designated beneficiaries or legal representatives. It standardizes death benefits for members of various retirement systems, including the Teachers' and State Employees' Retirement System, Local Governmental Employees' Retirement System, Consolidated Judicial Retirement System, and Legislative Retirement System.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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