North Carolina 2019-2020 Session Status: In Committee 4 D cosponsors

SB 243 — Give Retirees 5% COLA/Funds.

Last action — Passed 1st Reading

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2019-2020 Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Bill Text

What changed in the latest version

8 added · 9 removed

Plain-language change summary

In the latest version of Senate Bill 243, the introduction now includes a reference to the General Assembly of North Carolina, clarifying its official context. Additionally, some previous filing references have been removed, streamlining the text for better readability. These changes matter because they help ensure that the bill is easier to understand and clearly identified as part of the legislative process, making it more accessible to the public and other lawmakers.

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FILED SENATE GENERAL ASSEMBLY OF NORTH CAROLINA Mar 13, 2019 S.B.
GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2019 S 1 SENATE BILL 243 Short Title:
243 SESSION 2019 PRINCIPAL CLERK S D SENATE BILL DRS45099-MRap-70 Short Title:
A BILL TO BE ENTITLED AN ACT TO PROVIDE A COST-OF-LIVING ADJUSTMENT FOR RETIREES OF THE TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM, THE JUDICIAL RETIREMENT SYSTEM, AND THE LEGISLATIVE RETIREMENT SYSTEM.
Rules and Operations of the Senate March 14, 2019 A BILL TO BE ENTITLED AN ACT TO PROVIDE A COST-OF-LIVING ADJUSTMENT FOR RETIREES OF THE TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM, THE JUDICIAL RETIREMENT SYSTEM, AND THE LEGISLATIVE RETIREMENT SYSTEM.
*DRS45099-MRap-70* General Assembly Of North Carolina Session 2019 SECTION 3.
*S243-v-1* General Assembly Of North Carolina Session 2019 SECTION 3.
Page 2 DRS45099-MRap-70
Page 2 Senate Bill 243-First Edition
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How this bill changes current law

3 changes Share ↗

Compared against the N.C. General Statutes as published AI-generated reading aid — verify against the official bill.

The bill adds a five percent cost-of-living adjustment for certain retirees effective July 1, 2019.

  • G.S. 135-5

    (xxx) From and after July 1, 2019, the retirement allowance to or on account of beneficiaries whose retirement commenced on or before July 1, 2018, shall be increased by five percent (5%) of the allowance payable on June 1, 2019, in accordance with G.S. 135-5(o). Furthermore, from and after July 1, 2019, the retirement allowance to or on account of beneficiaries whose retirement commenced after July 1, 2018, but before June 30, 2019, shall be increased by a prorated amount of five percent (5%) of the allowance payable as determined by the Board of Trustees based upon the number of months that a retirement allowance was paid between July 1, 2018, and June 30, 2019.

    This new subsection provides a five percent increase in retirement allowances for eligible beneficiaries.

  • G.S. 135-65

    (ii) From and after July 1, 2019, the retirement allowance to or on account of beneficiaries whose retirement commenced on or before July 1, 2018, shall be increased by five percent (5%) of the allowance payable on June 1, 2019. Furthermore, from and after July 1, 2019, the retirement allowance to or on account of beneficiaries whose retirement commenced after July 1, 2018, but before June 30, 2019, shall be increased by a prorated amount of five percent (5%) of the allowance payable as determined by the Board of Trustees based upon the number of months that a retirement allowance was paid between July 1, 2018, and June 30, 2019.

    This new subsection provides a five percent increase in retirement allowances for eligible beneficiaries.

  • G.S. 120-4.22A

    (cc) In accordance with subsection (a) of this section, from and after July 1, 2019, the retirement allowance to or on account of beneficiaries whose retirement commenced on or before January 1, 2019, shall be increased by five percent (5%) of the allowance payable on June 1, 2019. Furthermore, from and after July 1, 2019, the retirement allowance to or on account of beneficiaries whose retirement commenced after January 1, 2019, but before June 30, 2019, shall be increased by a prorated amount of five percent (5%) of the allowance payable as determined by the Board of Trustees based upon the number of months that a retirement allowance was paid between January 1, 2019, and June 30, 2019.

    This new subsection provides a five percent increase in retirement allowances for eligible beneficiaries.

Action History

  1. Passed 1st Reading

  2. Ref To Com On Rules and Operations of the Senate

  3. Filed

Sponsors

Sponsorship breakdown

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2 sponsors · 6 co-sponsors · 171 not signed on

Sponsors (2)

Co-sponsors (6)

Not signed on (171)

171 members have not signed on to this bill.

Show all 171 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance labor
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors SB 243?
SB 243 is sponsored by Foushee, Marcus, Nickel, D. Davis, Gladys A. Robinson (Democratic), Michael Garrett (Democratic), Kandie D. Smith (Democratic), and Joyce Waddell (Democratic).
What is the current status of SB 243?
This bill died with 2019-2020 Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 243?
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