North Carolina General Statutes
Article 4 - Consolidated Judicial Retirement Act.
§ 135-75 - Deduction for payments allowed.

135-75. Deduction for payments allowed.
(a) Any beneficiary who is a member of a domiciled employees' or retirees' association that has at least 2,000 members, the majority of whom are active or retired employees of the State or public school employees, may authorize, in writing, the periodic deduction from the beneficiary's retirement benefits a designated lump sum to be paid to the employees' or retirees' association. The authorization shall remain in effect until revoked by the beneficiary. A plan of deductions pursuant to this section shall become void if the employees' or retirees' association engages in collective bargaining with the State, any political subdivision of the State, or any local school administrative unit.
(b) Any beneficiary eligible for coverage under the State Health Plan may also authorize, in writing, the monthly deduction from the beneficiary's retirement benefits of a designated lump sum to be paid to the State Health Plan for any dependent whom the beneficiary wishes to cover under the State Health Plan. In the event that the beneficiary's own State Health Plan coverage is contributory, in whole or in part, the beneficiary may also authorize a designated lump sum to be paid to the State Health Plan on behalf of the beneficiary. In addition, a beneficiary may similarly authorize the deduction for supplemental voluntary insurance benefits, provided that the deduction is authorized by the Department of State Treasurer and is payable to a company with which the Department of State Treasurer has or had an exclusive contractual relationship. Any such authorization shall remain in effect until revoked by the beneficiary. (2002-126, s. 6.4(e); 2012-178, s. 4(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.