North Carolina General Statutes
Article 4 - Consolidated Judicial Retirement Act.
§ 135-70 - Transfer of members to another system.

135-70. Transfer of members to another system.
(a) Any member whose membership service is terminated other than by retirement or death and, who, while still a member of this Retirement System becomes a member of either the Teachers' and State Employees' Retirement System or the North Carolina Local Governmental Employees' Retirement System, may elect to retain his membership in this Retirement System by not withdrawing his accumulated contributions hereunder. Any such member shall retain all the rights, credits and benefits obtaining to him under this Retirement System at the time of such termination of service while he is a member of such other system and does not withdraw his contributions hereunder.
(a1) The accumulated contributions and creditable service of any member whose service as a member of this Retirement System has been or is terminated other than by retirement or death and who, while still a member of this Retirement System, became or becomes a member, as defined in G.S. 135-1(13), of the Teachers' and State Employees' Retirement System for a period of five or more years may, upon application of the member, be transferred from this Retirement System to the Teachers' and State Employees' Retirement System. In order to effect the transfer of a member's creditable service from this Retirement System to the Teachers' and State Employees' Retirement System, there shall be transferred from this Retirement System to the Teachers' and State Employees' Retirement System the sum of (i) the accumulated contributions of the member credited in the annuity savings fund and (ii) the amount of reserve held in this Retirement System as a result of previous contributions by the employer on behalf of the transferring member.
(b) Any member who becomes eligible for benefits under more than one system may file application therefor with each retirement system to the end that each retirement system shall pay appropriate benefits without transfer of funds between the systems.
(c) The Board of Trustees shall effect such rules as it may deem necessary to administer the provisions of the preceding subsections of this section and to prevent any duplication of service credits or benefits that might otherwise occur. (1973, c. 640, s. 1; 1983 (Reg. Sess., 1984), c. 1031, s. 21; 2003-284, s. 30.18(d).)

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.