North Carolina General Statutes
Article 4 - Consolidated Judicial Retirement Act.
§ 135-61 - Election of optional allowance.

135-61. Election of optional allowance.
Any member who retires under the provisions of this Article shall have the right to elect to have his allowance payable under any one of the optional forms provided for in G.S. 135-5(g), subject to the conditions therein contained, in lieu of the allowance that would otherwise be payable. (1973, c. 640, s. 1.)

Structure North Carolina General Statutes

North Carolina General Statutes

Chapter 135 - Retirement System for Teachers and State Employees; Social Security; State Health Plan for Teachers and State Employees

Article 4 - Consolidated Judicial Retirement Act.

§ 135-50 - Short title and purpose.

§ 135-51 - Scope.

§ 135-52 - Application of Article 1; administration.

§ 135-53 - Definitions.

§ 135-54 - Name and date of establishment.

§ 135-55 - Membership.

§ 135-56 - Creditable service.

§ 135-56.01 - Reciprocity of creditable service with other State-administered retirement systems.

§ 135-56.2 - Creditable service for other employment.

§ 135-56.3 - Repayments and Purchases.

§ 135-57 - Service retirement.

§ 135-58 - Service retirement benefits.

§ 135-59 - Disability retirement.

§ 135-60 - Disability retirement benefits.

§ 135-61 - Election of optional allowance.

§ 135-62 - Return of accumulated contributions.

§ 135-63 - Benefits on death before retirement.

§ 135-64 - Benefits on death after retirement.

§ 135-65 - Post-retirement increases in allowances.

§ 135-66 - Administration; management of funds; method of financing.

§ 135-67 - Assets of Retirement System.

§ 135-68 - Contributions by the members.

§ 135-69 - Contributions by the State.

§ 135-70 - Transfer of members to another system.

§ 135-70.1 - Transfer of members from the Local Governmental Employees' Retirement System, the Teachers' and State Employees' Retirement System, or the Legislative Retirement System.

§ 135-71 - Return to membership of retired former member.

§ 135-73 - Termination or partial termination; discontinuance of contributions.

§ 135-74 - Internal Revenue Code compliance.

§ 135-75 - Deduction for payments allowed.

§ 135-75.1 - Forfeiture of retirement benefits for certain felonies committed while serving as elected government official.

§ 135-75.1A - Forfeiture of retirement benefits for certain felonies related to employment or holding office.

§ 135-75.1B - Prohibition on purchase of forfeited service.

§ 135-75.2 - Improper receipt of decedent's retirement allowance.