reglab/statecodes huggingface dataset:
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter C - INVESTMENT AND BANKING › Section .0100 - DISBURSEMENTS AND RECORDS SECTION › Section 01C .0101-.0107

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 147-68;
					 147-69.1;
147-77 to
					 147-79; 143A-31; 8-45.1 to -45.4;
Eff. February 1,
					 1976;
Repealed Eff. September 15,
					 1977.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter C - INVESTMENT AND BANKING › Section .0200 - GENERAL › Section 01C .0201-.0202

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 143A-31;
Eff. September 15,
					 1977;
Repealed Eff. March 1,
					 1985.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter C - INVESTMENT AND BANKING › Section .0300 - INVESTMENTS › Section 01C .0301-.0303

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 143A-31;
					 147-69.1;
Eff.
					 September 15, 1977;
Repealed Eff. August 1,
					 1983.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter C - INVESTMENT AND BANKING › Section .0400 - BANKING OPERATIONS › Section 01C .0401 - REPEALED - PROCESSING OF WARRANTS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 143A-31;
Eff. September 15,
					 1977;
Repealed Eff. March 1,
					 1985.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter C - INVESTMENT AND BANKING › Section .0400 - BANKING OPERATIONS › Section 01C .0402 - DISBURSING ACCOUNTS

Current through Register Vol. 39, No. 2, July 15, 2024
(a) Disbursing
				  accounts are maintained in a manner similar to regular checking accounts in
				  commercial banks.
(b) All agencies
				  for whom a disbursing account has been established are required to reconcile
				  the monthly statements of the disbursing account within 15 days of the date of
				  the statement.
(c) Stop payments
				  are accepted only when submitted on the authorized form. At the sole discretion
				  of the State Treasurer or his authorized representative, stop payments by phone
				  may be accepted in critical situations, if the required form is submitted
				  concurrently.
(d) The State
				  Treasurer shall collect all alleged forgeries of state warrants, provided that
				  the State Treasurer is notified of the forgery in a timely manner.
Authority
					 G.S.
					 143A-31;
Eff. September 15,
					 1977;
Amended Eff. March 1, 1985;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. April 5,
					 2016.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter C - INVESTMENT AND BANKING › Section .0400 - BANKING OPERATIONS › Section 01C .0403 - REPEALED - RECORDS MAINTAINED ON MICROFILM

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 143A-31;
Eff. September 15,
					 1977;
Repealed Eff. March 1,
					 1985.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter C - INVESTMENT AND BANKING › Section .0500 - SAFETY OF DEPOSITS › Section 01C .0501-.0502

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 143A-31;
					 147-78;
					 147-79;
Eff.
					 September 15, 1977;
Repealed Eff. August 1,
					 1983.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter D - THE ESCHEAT FUND OF NORTH CAROLINA › Section 01D .0101-.0119

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
				  G.S.
				  116A-1 through
				  116A-11;
Eff.
				  February 1, 1976;
Readopted Eff. September 15, 1977;
Repealed Eff. February 1, 1982.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter E - STATE DEBT MANAGEMENT › Section 01E .0101-.0102 - EXPIRED

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
				  G.S.
				  143A-31;
Eff. February 1,
				  1976;
Readopted Eff. September 15, 1977;
Expired Eff.
				  May 1, 2016 pursuant to
				  G.S.
				  150B-21.3A.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter E - STATE DEBT MANAGEMENT › Section 01E .0103 - REPEALED - INVESTMENTS OF FUND BALANCES AND TRUST FUNDS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
				  G.S.
				  147-69.1;
				  143A-31;
Eff.
				  February 1, 1976;
Repealed Eff. September 15,
				  1977.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter E - STATE DEBT MANAGEMENT › Section 01E .0104 - EXPIRED - NEGOTIATED SALE OF BONDS AND NOTES

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
				  G.S.
				  143A-31;
Eff. September 15,
				  1977;
Expired Eff. May 1, 2016 pursuant to
				  G.S.
				  150B-21.3A.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter F - PROCEDURAL RIGHTS › Section .0100 - RULE MAKING PROCEDURES › Section 01F .0101 - ESTABLISHMENT OF PROCEDURAL RIGHTS

Current through Register Vol. 39, No. 2, July 15, 2024
The following rule-making procedures are established for
					 the Department of State Treasurer and are applicable to each division within
					 the department unless a division has set out different rule-making procedures
					 in its own rules, within this Title.
Authority
					 G.S.
					 143A-31;
Eff. February 1,
					 1976;
Readopted Eff. September 15, 1977;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. April 5,
					 2016.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter F - PROCEDURAL RIGHTS › Section .0100 - RULE MAKING PROCEDURES › Section 01F .0102 - REPEALED - CORRESPONDENCE

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 143A-31;
Eff. February 1,
					 1976;
Readopted Eff. September 15, 1977;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. April 5, 2016;
Repealed Eff.
					 December 1, 2021.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter F - PROCEDURAL RIGHTS › Section .0100 - RULE MAKING PROCEDURES › Section 01F .0103-.0110 - EXPIRED

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 143A-31;
					 150B-11;
					 150B-12;
					 150B-16;
					 116B-42;
Eff.
					 February 1, 1976;
Readopted Eff. September 15, 1977;
Amended Eff. July 1, 1987;
Expired Eff. May 1, 2016 pursuant to
					 G.S.
					 150B-21.3A.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter F - PROCEDURAL RIGHTS › Section .0100 - RULE MAKING PROCEDURES › Section 01F .0111 - PETITION FOR RULEMAKING

Current through Register Vol. 39, No. 2, July 15, 2024
(a) All petitions
				  requesting the adoption, amendment, or repeal of a rule shall be in writing and
				  mailed to the attention of the Rulemaking Coordinator at the address specified
				  in Rule 20 NCAC 01A .0101.
(b) The petition for rulemaking shall:
(1) contain the names and addresses of
				  petitioners;
(2) identify the
				  agency, board, or commission to whom the petition is directed for
				  consideration; and
(3) for
				  petitions to adopt or amend a rule, draft text of the proposed rule or
				  amendment and a statement of the effect of the requested rule change.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter F - PROCEDURAL RIGHTS › Section .0200 - DECLARATORY RULINGS › Section 01F .0201 - ESTABLISHMENT OF PROCEDURAL RIGHTS

Current through Register Vol. 39, No. 2, July 15, 2024
The following declaratory ruling procedures are established
					 for the Department of State Treasurer and are applicable to each division
					 within the department, unless a division has set out different procedures
					 concerning declaratory rulings in its own rules, within this
					 Title.
Authority
					 G.S.
					 143A-31;
Eff. February 1,
					 1976;
Readopted Eff. September 15, 1977;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. April 5,
					 2016.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter F - PROCEDURAL RIGHTS › Section .0200 - DECLARATORY RULINGS › Section 01F .0202 - EXPIRED - REQUESTS FOR RULING

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 150B-17;
Eff. February 1,
					 1976;
Readopted Eff. September 15, 1977;
Expired Eff.
					 May 1, 2016 pursuant to
					 G.S.
					 150B-21.3A.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter F - PROCEDURAL RIGHTS › Section .0200 - DECLARATORY RULINGS › Section 01F .0203-.0204

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 150B-17;
Eff. February 1,
					 1976;
Readopted Eff. September 15, 1977;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. April 5, 2016;
Repealed Eff.
					 December 1, 2021.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter F - PROCEDURAL RIGHTS › Section .0200 - DECLARATORY RULINGS › Section 01F .0205-.0206 - EXPIRED

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 150B-17;
Eff. February 1,
					 1976;
Readopted Eff. September 15, 1977;
Expired Eff.
					 May 1, 2016 pursuant to
					 G.S.
					 150B-21.3A.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter F - PROCEDURAL RIGHTS › Section .0200 - DECLARATORY RULINGS › Section 01F .0207 - REPEALED - RULING PROCEDURES

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 150B-17;
Eff. February 1,
					 1976;
Readopted Eff. September 15, 1977;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. April 5, 2016;
Repealed Eff.
					 December 1, 2021.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter F - PROCEDURAL RIGHTS › Section .0200 - DECLARATORY RULINGS › Section 01F .0208 - DECLARATORY RULINGS

Current through Register Vol. 39, No. 2, July 15, 2024
(a) All requests
				  for declaratory rulings shall be in writing and mailed to the attention of the
				  Rulemaking Coordinator at the address specified in Rule
				  20 NCAC
				  01A .0101.
(b) The request for declaratory ruling shall:
(1) contain the name and address of the
				  requestor;
(2) identify the agency,
				  board, or commission to whom the request is directed for
				  consideration;
(3) identify the
				  statute, rule, or order to which the request relates; and
(4) contain a statement of the manner in
				  which the requestor is affected, or thinks that the requestor may be affected,
				  by the statute, rule, or order and its application to the requestor.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter F - PROCEDURAL RIGHTS › Section .0300 - CONTESTED CASE PROCEDURES › Section 01F .0301 - EXPIRED - PROCEDURES FOR CONTESTED CASES

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 143A-31;
Eff. February 1,
					 1976;
Readopted Eff. September 15, 1977;
Amended Eff.
					 August 1, 1988;
Expired Eff. May 1, 2016 pursuant to
					 G.S.
					 150B-21.3A.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter F - PROCEDURAL RIGHTS › Section .0300 - CONTESTED CASE PROCEDURES › Section 01F .0302-0314

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 143A-31;
					 150B-23;
					 150B-24;
					 150B-25;
					 150B-27;
					 150B-28;
					 150B-31;
					 150B-32;
					 150B-34;
					 150B-36;
					 1A-1, Rules 26-33;
Eff. February 1, 1976;
Readopted Eff. September 15,
					 1977;
Repealed Eff. August 1,
					 1988.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter G - INVESTMENT PROGRAM › Section .0100 - GENERAL PROVISIONS › Section 01G .0101-.0109

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 147-69.3;
Emergency Regulation
					 Eff. July 1, 1979, for a Period of 120 Days to Expire on October 29,
					 1979;
Made Permanent Eff. October 29, 1979;
Amended
					 Eff. November 1, 1990; March 1, 1985; June 1, 1984; November 1, 1983; October
					 1, 1983; February 1, 1982;
Repealed Eff. February 1,
					 2015.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter G - INVESTMENT PROGRAM › Section .0200 - SHORT-TERM INVESTMENT FUNDS › Section 01G .0201-.0204

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 147-69.3;
Emergency Regulation
					 Eff. July 1, 1979, for a Period of 120 Days to Expire on October 29,
					 1979;
Made Permanent Eff. October 29, 1979;
Amended
					 Eff. July 1, 1987; June 1, 1984; February 1, 1982; October 29,
					 1979;
Repealed Eff. February 1,
					 2015.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter G - INVESTMENT PROGRAM › Section .0200 - SHORT-TERM INVESTMENT FUNDS › Section 01G .0205-.0206

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 147-69.3(b),(j);
Eff. October 1, 1983;
Repealed Eff. June 1,
					 1986.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter G - INVESTMENT PROGRAM › Section .0200 - SHORT-TERM INVESTMENT FUNDS › Section 01G .0207 - REPEALED - VOLUNTARY DEPOSITS FOR INVESTMENTS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 147-69.3(b),(j);
Eff. June 1, 1986;
Repealed Eff. February 1,
					 2015.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter G - INVESTMENT PROGRAM › Section .0300 - LONG-TERM INVESTMENT FUND › Section 01G .0301-.0307

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 147-69.3;
Emergency Regulation
					 Eff. July 1, 1979, for a Period of 120 Days to Expire on October 29,
					 1979;
Made Permanent Eff. October 29, 1979;
Amended
					 Eff. June 1, 1984; February 1, 1982;
Repealed Eff. February 1,
					 2015.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter G - INVESTMENT PROGRAM › Section .0400 - EQUITY INVESTMENT FUND › Section 01G .0401-.0408

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 147-69.3;
Emergency Regulation
					 Eff. July 1, 1979, for a Period of 120 Days to Expire on October 29,
					 1979;
Made Permanent Eff. October 29, 1979;
Amended
					 Eff. October 1, 1987; July 1, 1987; June 1, 1984; February 1, 1982; October 29,
					 1979;
Repealed Eff. February 1,
					 2015.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter G - INVESTMENT PROGRAM › Section .0400 - EQUITY INVESTMENT FUND › Section 01G .0409 - REPEALED - REBALANCING OF OWNERSHIP

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 147-69.3;
Eff. February 1,
					 1982;
Repealed Eff. February 1,
					 2015.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter G - INVESTMENT PROGRAM › Section .0500 - REAL ESTATE INVESTMENT FUND › Section 01G .0501-.0507

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 147-69.3(j);
Eff. June 1, 1984;
Amended Eff. December 1, 1987;
Repealed Eff. February 1, 2015.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter G - INVESTMENT PROGRAM › Section .0500 - REAL ESTATE INVESTMENT FUND › Section 01G .0508 - REPEALED - REBALANCING OF OWNERSHIP

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 147-69.3;
Eff. December 1,
					 1987;
Repealed Eff. February 1,
					 2015.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter H - MASTER TRUST FOR SAFEKEEPING OF SECURITIES › Section .0100 - GENERAL › Section 01H .0101-.0104

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 147-78.1;
Eff. December 1,
					 1985;
Repealed Eff. February 1,
					 2015.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter H - MASTER TRUST FOR SAFEKEEPING OF SECURITIES › Section .0200 - CERTIFICATION OF MASTER TRUST › Section 01H .0201-.0205

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 147-78.1;
Eff. December 1,
					 1985;
Repealed Eff. February 1,
					 2015.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter H - MASTER TRUST FOR SAFEKEEPING OF SECURITIES › Section .0300 - OPERATION OF MASTER TRUST › Section 01H .0301-.0307

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 147-78.1;
Eff. December 1,
					 1985;
Repealed Eff. February 1,
					 2015.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 01 - DEPARTMENTAL RULES › Subchapter H - MASTER TRUST FOR SAFEKEEPING OF SECURITIES › Section .0400 - DEFAULT BY DEPOSITOR › Section 01H .0401-.0402

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 147-78.1;
Eff. December 1,
					 1985;
Repealed Eff. February 1,
					 2015.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter A - DIVISIONAL RULES › Section .0100 - ORGANIZATIONAL RULES › Section 02A .0101 - ORGANIZATION: AUTHORITY

Current through Register Vol. 39, No. 2, July 15, 2024
The Retirement Systems Division of the Department of State
					 Treasurer provides the staffing for the administration of the following
					 agencies where either the Board of Trustees of the Teachers' and State
					 Employees' Retirement System or the Board of Trustees of the Local Governmental
					 Employees' Retirement System is a rulemaking body. The agencies and the
					 statutory authority of each are:
(1)
				  Teachers' and State Employees' Retirement System of North Carolina -- G.S. 135,
				  Article 1;
(2) North Carolina Local
				  Governmental Employees' Retirement System -- G.S. 128, Article 3;
(3) Legislative Retirement System of North
				  Carolina -- G.S. 120, Article 1A;
(4) Consolidated Judicial Retirement System
				  of North Carolina -- G.S. 135, Article 4;
(5) Disability Income Plan of North Carolina
				  -- G.S. 135, Article 6;
(6)
				  Firefighters' and Rescue Squad Workers' Pension Fund -- G.S. 58, Article
				  86;
(7) Register of Deeds'
				  Supplemental Pension Fund -- G.S. 161, Article 3; and
(8) National Guard Pension Fund - G.S. 127A,
				  Article 3.
Authority
					 G.S.
					 58-86-10;
					 120-4.9;
					 127A-40(f);
					 128-28(g);
					 135-6(f);
					 135-52;
					 135-102;
					 161-50.1(b);
Eff. February 1, 1976;
Readopted Eff. September 21,
					 1977;
Amended Eff. October 1, 1993; August 1, 1988; April 1, 1985;
					 October 1, 1983;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. October 21, 2018;
Amended Eff.
					 March 1, 2023.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter A - DIVISIONAL RULES › Section .0100 - ORGANIZATIONAL RULES › Section 02A .0102 - REPEALED - EXERCISE OF AUTHORITY

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 128-28(g);
					 135-6(f);
Eff. February 1, 1976;
Readopted Eff. September 21,
					 1977;
Amended Eff. October 29, 1979;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. October 21, 2018;
Repealed Eff.
					 March 1, 2023.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter A - DIVISIONAL RULES › Section .0100 - ORGANIZATIONAL RULES › Section 02A .0103 - DELEGATION OF AUTHORITY TO DIRECTOR

Current through Register Vol. 39, No. 2, July 15, 2024
Whenever the statutes under Article 58 of G.S. 86, Article
					 1A of G.S. 120, Article 3 of G.S. 127A, Article 3 of G.S. 128, Articles 1, 4,
					 or 6 of G.S. 135, or Article 3 of G.S. 161 specify that the Board of Trustees
					 will make specific findings in specific matters relating to specific persons,
					 the Director of the Retirement Systems Division may make the decisions in
					 accordance with law and the rules, regulations, and previous decisions of this
					 Board. Appeals may be made from the decision of the Director under the
					 procedures used for contested cases as provided under Section .0400 of this
					 Subchapter.
Authority
					 G.S.
					 128-28(g);
					 128-28(h);
					 135-6(f);
					 135-6(g);
					 150B-22;
Eff.
					 September 21, 1977;
Amended Eff. October 29, 1979;
Readopted Eff. March 1, 2023.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter A - DIVISIONAL RULES › Section .0100 - ORGANIZATIONAL RULES › Section 02A .0104 - EXERCISE OF EMPLOYER OPTIONS

Current through Register Vol. 39, No. 2, July 15, 2024
When an employer elects to participate in an optional
					 element of a retirement system, the election shall not be considered effective
					 by the Retirement System unless the employer provides the Retirement Systems
					 Division with a certified copy of the minutes of the governing board of the
					 employer and the terms under which the option is elected do not discriminate in
					 favor of the more highly compensated employees. The terms "discriminate" and
					 "highly compensated employee" have the same meanings as under 26 CFR of the
					 Internal Revenue Code. The Internal Revenue Code Title 26 CFR is hereby
					 incorporated by reference, including subsequent amendments and editions, and is
					 available online, at no cost, at
https://www.ecfr.gov/current/title-26/chapter-I/subchapter-A/part-1?toc=1
.
Authority
					 G.S.
					 128-28(g);
					 135-6(f);
Eff. November 9, 1979;
Readopted Eff. March 1,
					 2023.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter A - DIVISIONAL RULES › Section .0100 - ORGANIZATIONAL RULES › Section 02A .0105 - EXPIRED - REPAYMENT FOR RIGHT TO RETIRE

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 128-27(a)(4);
					 128-28(g);
					 135-5(a)(3);
					 135-6(f);
					 135-57(d);
Eff. December 1, 1983;
Expired Eff. November 1, 2018 pursuant to
					 G.S.
					 150B-21.3A.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter A - DIVISIONAL RULES › Section .0200 - RULE MAKING PROCEDURES › Section 02A .0201 - ESTABLISHMENT OF PROCEDURAL RIGHTS

Current through Register Vol. 39, No. 2, July 15, 2024
The rules in
					 20 NCAC
					 01F .0100 establish rule-making procedures
					 for the Retirement Systems Division of the Department of State
					 Treasurer.
Authority
					 G.S.
					 128-28(g);
					 135-6(f);
Eff. February 1, 1976;
Readopted Eff. September 21,
					 1977;
Amended Eff. October 1, 1993; October 29, 1979;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. October 21, 2018;
Amended Eff.
					 March 1, 2023; September 1, 2019.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter A - DIVISIONAL RULES › Section .0200 - RULE MAKING PROCEDURES › Section 02A .0202 - REPEALED - DEFINITIONS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 128-28(g);
					 135-6(f);
Eff. February 1, 1976;
Readopted Eff. September 21,
					 1977;
Amended Eff. October 1, 1993; October 29, 1979;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. October 21, 2018;
Repealed Eff.
					 March 1, 2023.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter A - DIVISIONAL RULES › Section .0300 - DECLARATORY RULINGS › Section 02A .0301 - ESTABLISHMENT OF PROCEDURAL RIGHTS

Current through Register Vol. 39, No. 2, July 15, 2024
The rules in
					 20 NCAC
					 01F .0200 establish declaratory ruling
					 procedures for the Retirement Systems Division of the Department of State
					 Treasurer, with the following exception. All requests for declaratory rulings
					 from the Retirement Systems Division shall be in writing and mailed to the
					 attention of the Director at the following address:
Director of the Retirement Systems Division
Department of State Treasurer
3200 Atlantic Avenue
Raleigh, North Carolina 27604.
Authority
					 G.S.
					 128-28(g);
					 135-6(f);
Eff. February 1, 1976;
Readopted Eff. September 21,
					 1977;
Amended Eff. October 1, 1993;
Readopted Eff.
					 March 1, 2023.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter A - DIVISIONAL RULES › Section .0300 - DECLARATORY RULINGS › Section 02A .0302 - REPEALED - DEFINITIONS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 128-28(g);
					 135-6(f);
Eff. February 1, 1976;
Readopted Eff. September 21,
					 1977;
Amended Eff. October 1, 1993;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. October 21, 2018;
Repealed Eff.
					 March 1, 2023.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter A - DIVISIONAL RULES › Section .0300 - DECLARATORY RULINGS › Section 02A .0303 - RECONSIDERATION OF DECLARATORY RULINGS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 128-28(g);
					 135-6(f);
Eff. October 29, 1979;
Repealed Eff. March 1,
					 2023.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter A - DIVISIONAL RULES › Section .0400 - CONTESTED CASE PROCEDURES › Section 02A .0401 - ESTABLISHMENT OF PROCEDURAL RIGHTS

Current through Register Vol. 39, No. 2, July 15, 2024
(a)
				  Article 3 of G.S. 150B establishes contested case procedures for the Retirement
				  Systems Division of the Department of State Treasurer. All correspondence with
				  the Retirement Systems Division shall be addressed to:
Director of the Retirement Systems Division
Department of State Treasurer
3200 Atlantic Avenue
Raleigh, North Carolina 27604.
(b) Informal resolution of a dispute as
				  described in
				  G.S.
				  150B-22(a) begins when a
				  person calls, writes, or visits the Retirement Systems Division's Member
				  Services section and describes the dispute to a representative.
(c) If the dispute is not resolved during
				  this initial contact, the person may request a review of the Division's
				  decision or action in writing to the Director of the Retirement Systems
				  Division at the address in Paragraph (a) of this Rule.
(d) The Director of the Retirement Systems
				  Division, or the Director's designee, shall issue an agency decision in
				  writing, which shall document the dispute for any contested case under
				  G.S.
				  150B-22(b) and serve as the
				  "agency decision" for purposes of
				  G.S.
				  150B-23(f).
Authority
					 G.S.
					 128-28(g);
					 135-6(f);
					 150B-22;
					 150B-23;
Eff.
					 February 1, 1976;
Readopted Eff. September 21, 1977;
Amended Eff. October 1, 1993;
Readopted Eff. March 1,
					 2023.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter A - DIVISIONAL RULES › Section .0400 - CONTESTED CASE PROCEDURES › Section 02A .0402-.0403 - EXPIRED

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 135-6(f);
					 128-28(g);
Eff. February 1, 1976;
Readopted Eff. September 21,
					 1977;
Amended Eff. October 1, 1993; October 1, 1983; December 1,
					 1982; October 29, 1979;
Expired Eff. November 1, 2018 pursuant to
					 G.S.
					 150B-21.3A.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter A - DIVISIONAL RULES › Section .0500 - GENERAL PROCEDURES › Section 02A .0501-.0502

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 135-6(f);
					 128-28(g);
Eff. February 1, 1976;
Readopted Eff. September 21,
					 1977;
Amended Eff. October 29, 1979;
Repealed Eff.
					 March 1, 1985.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter A - DIVISIONAL RULES › Section .0500 - GENERAL PROCEDURES › Section 02A .0504 - DIRECT DEPOSIT OF MONTHLY BENEFIT PAYMENTS

Current through Register Vol. 39, No. 2, July 15, 2024
(a) This
				  Rule applies to any individual case in which a beneficiary's monthly benefit
				  was paid via electronic funds transfer (EFT) or direct deposit when the EFT was
				  suspended by the Division in error. This Rule does not apply to any individual
				  case involving a delay by this Division to initiate an EFT or a change in an
				  existing EFT arrangement requested by a beneficiary.
(b) The Division shall reimburse
				  non-sufficient fund charges incurred by a beneficiary due to the suspension in
				  error of an existing EFT arrangement when the beneficiary was not notified of
				  the suspension of the arrangement and upon receipt of proof that the charges
				  were incurred.
(c) Any other bad
				  check service charges or fees imposed by any financial institution or merchant
				  may be reimbursed at the discretion of the Division Director upon receipt of
				  proof that the charges were incurred.
(d) Any reimbursement of non-sufficient fund
				  or bad check service charges shall be paid from the Pension Accumulation Fund
				  of the Retirement System in which the beneficiary is in receipt of a
				  benefit.
Authority
					 G.S.
					 58-86-10;
					 120-4.9;
					 127A-40(f);
					 128-28(g);
					 135-6(f);
					 135-52;
					 135-102(c);
					 161-50.1(b);
Eff. March 1, 1992;
Readopted Eff. March 1,
					 2023.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter A - DIVISIONAL RULES › Section .0500 - GENERAL PROCEDURES › Section 02A .0505 - ADMINISTRATIVE FEES FOR SERVICE PURCHASES

Current through Register Vol. 39, No. 2, July 15, 2024
(a) This
				  Rule applies to the purchase of creditable service whenever a statutory
				  provision prescribes that the calculation of the amount payable shall include
				  an administrative fee to be set by the Board.
(b) An administrative fee in the amount of
				  twenty-five dollars ($25.00) for each payment shall be assessed, as provided by
				  law, against members at the time of purchase.
Authority
					 G.S.
					 58-86-45;
					 120-4.15;
					 120-4.16;
					 128-26;
					 128-28(g);
					 135-4;
					 135-6(f);
					 135-56;
Eff. March 1,
					 2023.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter A - DIVISIONAL RULES › Section .0600 - INVESTMENTS › Section 02A .0601-.0602

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 135-6(f);
					 128-28(g);
Eff. September 21, 1977;
Repealed Eff. March 1,
					 1985.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter B - TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM › Section .0100 - GENERAL PROVISIONS › Section 02B .0101 - GENERAL INFORMATION

Current through Register Vol. 39, No. 2, July 15, 2024
The following is general information about the Teachers'
					 and State Employees' Retirement System:
(1) The Director is the Director of the
				  Retirement Systems Division;
(2)
				  The mailing address and physical address is Retirement Systems Division,
				  Department of State Treasurer, 3200 Atlantic Avenue, Raleigh, North Carolina
				  27604.
Authority
					 G.S.
					 135-6(f);
Eff.
					 February 1, 1976;
Readopted Eff. September 21, 1977;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. October 21, 2018;
Amended Eff.
					 March 1, 2023; September 1, 2019.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter B - TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM › Section .0100 - GENERAL PROVISIONS › Section 02B .0102-.0103

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 135-6(f);
Eff.
					 February 1, 1976;
Readopted Eff. September 21, 1977;
Repealed Eff. March 1, 1985.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter B - TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM › Section .0200 - ADMINISTRATION › Section 02B .0201 - AVERAGE FINAL COMPENSATION

Current through Register Vol. 39, No. 2, July 15, 2024
The term "consecutive calendar years" is defined for the
					 purpose of determining retirement allowances as a period of time consisting of
					 a number of calendar months of creditable service equal to 12 times the number
					 of years specified by statute during which the highest total compensation was
					 earned, adjusted proportionally to the regular term of annual
					 employment.
Authority
					 G.S.
					 135-6(f);
					 135-1(5);
Eff. February 1, 1976;
Readopted Eff. September 21,
					 1977.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter B - TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM › Section .0200 - ADMINISTRATION › Section 02B .0202 - REPEALED - ACTUARIAL TABLES: RATES AND ASSUMPTIONS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 135-6(f);
					 135-6(m);
Eff. February 1, 1976;
Readopted Eff. September 21,
					 1977;
Amended Eff. August 1, 1981;
Repealed Eff March
					 1, 2023.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter B - TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM › Section .0200 - ADMINISTRATION › Section 02B .0203-.0207

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 135-6(f);
					 135-6(m);
					 135-6(n);
					 135-6(o);
					 135-18.1;
Eff.
					 February 1, 1976;
Readopted Eff. September 21, 1977;
Repealed Eff. August 1, 1981.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter B - TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM › Section .0200 - ADMINISTRATION › Section 02B .0208 - DEATH OF RETIRED MEMBER

Current through Register Vol. 39, No. 2, July 15, 2024
During the month a retired member dies, the legal
					 representative of the deceased shall be entitled to a full check for the month
					 in which the death occurred.
Authority
					 G.S.
					 135-6(f);
Eff.
					 February 1, 1976;
Readopted Eff. September 21,
					 1977.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter B - TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM › Section .0200 - ADMINISTRATION › Section 02B .0209 - EXPIRED - DISCLOSURE OF INFORMATION

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 135-6(f);
Eff.
					 February 1, 1976;
Readopted Eff. September 21, 1977;
Amended Eff. March 1, 1985;
Expired Eff. November 1, 2018 pursuant
					 to G.S.
					 150B-21.3A.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter B - TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM › Section .0200 - ADMINISTRATION › Section 02B .0210 - MEDICAL BOARD

Current through Register Vol. 39, No. 2, July 15, 2024
In accordance with the authority contained in
					 G.S.
					 135-6(k), membership of the
					 Medical Board consists of five physicians, with a quorum of three required at
					 meetings approving applications for disability retirement.
Authority
					 G.S.
					 135-6(f);
					 135-6(k);
Eff. February 1, 1976;
Readopted Eff. March 1, 2023; September 21,
					 1977.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter B - TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM › Section .0200 - ADMINISTRATION › Section 02B .0211 - OPTIONAL RETIREMENT PROGRAM

Current through Register Vol. 39, No. 2, July 15, 2024
An individual who is employed by a state university at a
					 rank or in a position ineligible for participation in the Optional Retirement
					 Program, as provided by
					 G.S.
					 135-5.1, and who later is reclassified to an
					 eligible rank or position shall be permitted to elect to withdraw from the
					 Teachers' and State Employees' Retirement System and to begin participation in
					 the Optional Retirement Program as though the individual were a new
					 employee.
Authority
					 G.S.
					 135-5.1;
					 135-6(f);
Eff. February 1, 1976;
Readopted Eff. March 1, 2023; September 21,
					 1977.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter B - TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM › Section .0200 - ADMINISTRATION › Section 02B .0212 - EXPIRED - SURVIVOR'S ALTERNATE BENEFIT

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 135-19;
					 135-6(f);
Eff. February 1, 1976;
Readopted Eff. September 21,
					 1977;
Expired Eff. November 1, 2018 pursuant to
					 G.S.
					 150B-21.3A.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter B - TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM › Section .0200 - ADMINISTRATION › Section 02B .0213 - REPEALED - DISABILITY RETIREMENT ALLOWANCE DEFINED

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 135-5(1)(3);
Eff. October 29, 1979;
Repealed Eff. March 1,
					 2023.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter B - TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM › Section .0200 - ADMINISTRATION › Section 02B .0214 - EXPIRED - RETROACTIVE MEMBERSHIP SERVICE

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 135-3(1);
					 135-6(f);
Eff. June 1, 1984;
Expired Eff. November 1, 2018 pursuant to
					 G.S.
					 150B-21.3A.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter B - TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM › Section .0300 - BENEFICIARIES › Section 02B .0301 - DESIGNATION

Current through Register Vol. 39, No. 2, July 15, 2024
Any beneficiaries designated, other than the estate of a
					 member or a trustee named by and acting for the member, must be living persons
					 at the time the designation is made. If it is desired that the estate be
					 beneficiary, this should be indicated on the form.
Authority
					 G.S.
					 135-5(g);
					 135-5(l);
					 135-6(f);
Eff. February 1, 1976;
Readopted Eff. March 1, 2023; September 21,
					 1977.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter B - TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM › Section .0300 - BENEFICIARIES › Section 02B .0302 - PRINCIPAL BENEFICIARY

Current through Register Vol. 39, No. 2, July 15, 2024
(a) More than one
				  principal beneficiary may be designated for the return of accumulated
				  contributions under the provisions of
				  G.S.
				  135-5(f) to share equally.
				  In the event of the death of any so designated principal beneficiary for the
				  return of accumulated contributions, those surviving principal beneficiaries
				  shall share equally in the total benefits. However, if there is only one living
				  designated principal beneficiary for the return of accumulated contributions at
				  the member's death and the member has met all other requirements under the
				  provisions of
				  G.S.
				  135-5(m), the designated
				  principal beneficiary may elect to receive the alternative benefit under the
				  provisions of
				  G.S.
				  135-5(m).
(b) More than one principal beneficiary may
				  be designated for the death benefit of an active member or a retired member
				  under the provisions of
				  G.S.
				  135-5(l) to share equally.
				  In the event of the death of any so designated principal beneficiary for the
				  death benefit of an active member or retired member, those surviving principal
				  beneficiaries shall share equally in the total benefits.
(c) More than one principal beneficiary may
				  be designated for the guaranteed refund under the provisions of
				  G.S.
				  135-5(g1) to share equally.
				  In the event of the death of any so designated principal beneficiary for the
				  guaranteed refund, those surviving principal beneficiaries shall share equally
				  in the total benefits.
Authority
					 G.S.
					 135-5(f);
					 135-5(g);
					 135-5(g1);
					 135-5(l);
					 135-5(m);
					 135-6(f);
Eff. February 1, 1976;
Readopted Eff. March 1, 2023; September 21,
					 1977.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter B - TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM › Section .0300 - BENEFICIARIES › Section 02B .0303 - CONTINGENT BENEFICIARY

Current through Register Vol. 39, No. 2, July 15, 2024
(a) The following
				  shall apply to designating a contingent beneficiary for the return of
				  accumulated contributions under the provisions of
				  G.S.
				  135-5(f):
(1) A principal beneficiary may be designated
				  for the return of accumulated contributions with the stipulation that should
				  the principal beneficiary predecease the member, payment of the amount due, if
				  any, shall be made to the designated contingent beneficiary or beneficiaries
				  for the return of accumulated contributions.
(2) If more than one principal beneficiary is
				  designated for the return of accumulated contributions, payment of the amount
				  due, if any, shall be paid to any surviving principal beneficiaries designated
				  for the return of accumulated contributions, sharing equally in the total
				  benefits payable, and shall not be paid to any contingent
				  beneficiary.
(3) It is permissible
				  to designate more than one contingent beneficiary for the return of accumulated
				  contributions. Payment of the amount due, if any, shall be paid to the
				  surviving contingent beneficiaries designated for the return of accumulated
				  contributions, sharing equally in the total benefits, only in the event that
				  there is no surviving principal beneficiary designated for the return of
				  accumulated contributions.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter B - TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM › Section .0300 - BENEFICIARIES › Section 02B .0304 - NO LIVING BENEFICIARY

Current through Register Vol. 39, No. 2, July 15, 2024
If no designated beneficiary, whether principal or
					 contingent, is living at the time of the member's death, payment of the amount
					 due, if any, will be made to the administrator or executor of the estate or the
					 collector of funds for the estate of the member.
Authority
					 G.S.
					 135-5(g);
					 135-6(f);
Eff. February 1, 1976;
Readopted Eff. March 1, 2023; September 21,
					 1977.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter B - TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM › Section .0300 - BENEFICIARIES › Section 02B .0305 - BENEFICIARY WHO IS A MINOR

Current through Register Vol. 39, No. 2, July 15, 2024
(a) Payments to
				  beneficiaries who are minors will be made to an appointed guardian or to the
				  clerk of superior court in the county in which the beneficiary resides to the
				  extent that such payment is authorized by law.
(b) In the event that the appointed guardian
				  or the clerk of superior court in the county in which the beneficiary resides
				  is unwilling or unable to accept payment on behalf of the minor beneficiary
				  payment may be made to a custodian in accordance with Chapter 33A of the North
				  Carolina General Statutes, entitled North Carolina Uniform Transfers to Minors
				  Act.
Authority
					 G.S.
					 135-5(g);
					 135-6(f);
Eff. February 1, 1976;
Readopted Eff. March 1, 2023; September 21,
					 1977.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter B - TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM › Section .0300 - BENEFICIARIES › Section 02B .0306 - REPEALED - CHANGE IN STATUS

Current through Register Vol. 39, No. 2, July 15, 2024
Authority
					 G.S.
					 135-5(g);
					 135-6(f);
Eff. February 1, 1976;
Readopted Eff. September 21,
					 1977;
Repealed Eff. March 1,
					 1985.
North Carolina Administrative Code › Title 20 - STATE TREASURER › Chapter 02 - RETIREMENT SYSTEMS › Subchapter B - TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM › Section .0300 - BENEFICIARIES › Section 02B .0307 - CHANGE IN BENEFICIARY

Current through Register Vol. 39, No. 2, July 15, 2024
Prior to retirement, the member may, at any time, change
					 any beneficiaries designated for the return of accumulated contributions under
					 the provisions of
					 G.S.
					 135-5(f) or the death
					 benefit for active members under the provisions of
					 G.S.
					 135-5(l). A retired member
					 may, at any time, change any beneficiaries designated for:
(1) The guaranteed refund under the
				  provisions of
				  G.S.
				  135-5(g1) until such time as
				  the funds have been depleted;
(2)
				  The death benefit for active members under the provisions of
				  G.S.
				  135-5(l) provided the change
				  is submitted within 180 calendar days after the member's last day of active
				  service; or
(3) The death benefit
				  for retired members under the provisions of
				  G.S.
				  135-5(l).
The member shall submit any such change to the Board of
					 Trustees using the form approved by the Board of Trustees for designation of
					 the beneficiary for that purpose.
Authority
					 G.S.
					 135-5(f);
					 135-5(g);
					 135-5(g1);
					 135-5(l);
					 135-6(f);
Eff. February 1, 1976;
Readopted Eff. March 1, 2023; September 21,
					 1977.