State Codes and Statutes

Statutes > North-carolina > Chapter_120 > GS_120-4_32

§ 120‑4.32.  Deductionfor payments to certain employees' or retirees' associations allowed.

Any beneficiary who is amember of a domiciled employees' or retirees' association that has at least2,000 members, the majority of whom are active or retired employees of theState or public school employees, may authorize, in writing, the periodicdeduction from the beneficiary's retirement benefits a designated lump sum tobe paid to the employees' or retirees' association. The authorization shallremain in effect until revoked by the beneficiary. A plan of deductionspursuant to this section shall become void if the employees' or retirees'association engages in collective bargaining with the State, any politicalsubdivision of the State, or any local school administrative unit. (2002‑126, s. 6.4(d).)

State Codes and Statutes

Statutes > North-carolina > Chapter_120 > GS_120-4_32

§ 120‑4.32.  Deductionfor payments to certain employees' or retirees' associations allowed.

Any beneficiary who is amember of a domiciled employees' or retirees' association that has at least2,000 members, the majority of whom are active or retired employees of theState or public school employees, may authorize, in writing, the periodicdeduction from the beneficiary's retirement benefits a designated lump sum tobe paid to the employees' or retirees' association. The authorization shallremain in effect until revoked by the beneficiary. A plan of deductionspursuant to this section shall become void if the employees' or retirees'association engages in collective bargaining with the State, any politicalsubdivision of the State, or any local school administrative unit. (2002‑126, s. 6.4(d).)


State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_120 > GS_120-4_32

§ 120‑4.32.  Deductionfor payments to certain employees' or retirees' associations allowed.

Any beneficiary who is amember of a domiciled employees' or retirees' association that has at least2,000 members, the majority of whom are active or retired employees of theState or public school employees, may authorize, in writing, the periodicdeduction from the beneficiary's retirement benefits a designated lump sum tobe paid to the employees' or retirees' association. The authorization shallremain in effect until revoked by the beneficiary. A plan of deductionspursuant to this section shall become void if the employees' or retirees'association engages in collective bargaining with the State, any politicalsubdivision of the State, or any local school administrative unit. (2002‑126, s. 6.4(d).)