North Carolina 2021-2022 Session Status: In Committee Bipartisan · 2 D · 1 R cosponsors

SB 479 — 2% COLA for State Retirees.

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 2021-2022 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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

12 added · 13 removed

Plain-language change summary

In the updated version of Senate Bill 479, certain lines that previously accompanied the bill have been removed, specifically those identifying the draft version and the filing date. The main content concerning retirement allowances and beneficiaries remains unchanged. This streamlining helps clarify that the focus is on the actual provisions of the bill rather than administrative details, making it easier for readers to understand the bill's intent regarding retirement adjustments.

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FILED SENATE GENERAL ASSEMBLY OF NORTH CAROLINA Apr 1, 2021 S.B.
GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2021 S 1 SENATE BILL 479 Short Title:
479 SESSION 2021 PRINCIPAL CLERK S D SENATE BILL DRS35195-MGap-57A Short Title:
A BILL TO BE ENTITLED AN ACT PROVIDING A COST-OF-LIVING ADJUSTMENT FOR RETIREES OF THE TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM, THE CONSOLIDATED JUDICIAL RETIREMENT SYSTEM, AND THE LEGISLATIVE RETIREMENT SYSTEM;
Rules and Operations of the Senate April 5, 2021 A BILL TO BE ENTITLED AN ACT PROVIDING A COST-OF-LIVING ADJUSTMENT FOR RETIREES OF THE TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM, THE CONSOLIDATED JUDICIAL RETIREMENT SYSTEM, AND THE LEGISLATIVE RETIREMENT SYSTEM;
"(xxx) Fromand afterJuly 1,2021,theretirementallowanceto oronaccount ofbeneficiaries whose retirement commenced on or before July 1, 2020, shall be increased by two percent (2%) of the allowance payable on June 1, 2021, in accordance with G.S.
"(xxx) Fromand afterJuly1, 2021,theretirementallowanceto oronaccount of beneficiaries whose retirement commenced on or before July 1, 2020, shall be increased by two percent (2%) of the allowance payable on June 1, 2021, in accordance with G.S.
"(ii) Fromand afterJuly 1, 2021,theretirementallowanceto oronaccount ofbeneficiaries whose retirement commenced on or before July 1, 2020, shall be increased by two percent (2%) of the allowance payable on June 1, 2021.
"(ii) Fromand afterJuly1, 2021,theretirementallowanceto oronaccount ofbeneficiaries whose retirement commenced on or before July 1, 2020, shall be increased by two percent (2%) of the allowance payable on June 1, 2021.
Furthermore, from and after July 1, 2021, the retirement allowance to or on account of beneficiaries whose retirement commenced after January 1, 2021, but before June 30, 2021, shall be increased by a prorated amount of two percent (2%) 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, 2021, and June 30, 2021." SECTION 4.
Furthermore, from and after July 1, 2021, the retirement allowance to or on account of beneficiaries whose retirement commenced after January1, 2021, but before June 30, 2021, shall be increased by a prorated amount of two percent (2%) 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, 2021, and June 30, 2021." SECTION 4.
There is appropriated from the General Fund to the Reserve for Retiree Cost-of-Living Adjustments the sum of ninety-six million dollars ($96,000,000) for the 2021-2022 fiscal year and the sum of ninety-six million dollars ($96,000,000) for the 2022-2023 *DRS35195-MGap-57A* General Assembly Of North Carolina Session 2021 fiscal year to implement the cost-of-living adjustments authorized by Sections 1 through 3 of this act.
There is appropriated from the General Fund to the Reserve for Retiree Cost-of-Living Adjustments the sum of ninety-six million dollars ($96,000,000) for the 2021-2022 fiscal year and the sum of ninety-six million dollars ($96,000,000) for the 2022-2023 *S479-v-1* General Assembly Of North Carolina Session 2021 fiscal year to implement the cost-of-living adjustments authorized bySections 1 through 3 of this act.
Page 2 DRS35195-MGap-57A
Page 2 Senate Bill 479-First Edition
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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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1 sponsors · 8 co-sponsors · 170 not signed on

Sponsors (1)

  • Woodard

Co-sponsors (8)

Not signed on (170)

170 members have not signed on to this bill.

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"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

veterans labor
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Frequently asked questions

Who sponsors SB 479?
SB 479 is sponsored by Woodard, Joyce Waddell (Democratic), Bazemore, Crawford, deViere, Marcus, Natalie S. Murdock (Democratic), Nickel, and Brent Jackson (Republican).
What is the current status of SB 479?
This bill died with 2021-2022 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 479?
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