NORTH CAROLINA GENERAL ASSEMBLY

1959 SESSION

 

 

CHAPTER 133

HOUSE BILL 343

 

 

AN ACT TO AMEND CHAPTER 496 OF THE 1955 SESSION LAWS, AS AMENDED, RELATING TO PENSION FUND FOR THE RETIREMENT AND DISABILITY OF MEMBERS OF THE POLICE DEPARTMENT OF THE CITY OF HIGH POINT.

 

The General Assembly of North Carolina do enact:

 

Section 1. That Section 1(c) of Chapter 496 of the 1955 Session Laws of the State of North Carolina, as amended by Chapter 825 of the 1957 Session Laws of the State of North Carolina, relating to the pension fund for the retirement and disability of members of the Police Department of the City of High Point, be and the same is hereby amended to read as follows:

"1(c).   The City Treasurer of the City of High Point is hereby authorized, empowered and directed to deduct each month from the second pay check of each and every member of the Police Department coming under the provision of this Act, beginning in the month of April, 1959, three per cent (3%) of the monthly salary of each said person: Provided, that in the event the City of High Point hereinafter establishes a pension plan for any other department or departments of said city and makes contribution thereto, then and in such event the City of High Point shall make the same contribution in percentage or amount, whichever method is used in any said pension plan, per member of the Police Department as it makes per employee in any other department of said city in which a pension plan is established; provided further, that the contributions made by the individual member of the Police Department to the High Point Policemen's Pension and Disability Fund shall not exceed three per cent (3%) of four hundred dollars ($400.00) per month."

Sec. 2. That Section 1(d) of Chapter 496 of the 1955 Session Laws of the State of North Carolina relating to the pension fund for the retirement and disability of members of the Police Department of the City of High Point be and the same is hereby amended to read as follows:

"1(d).   That after deducting the three per cent (3%) set out in subsection (c) of this Section the City Treasurer shall each month, beginning in the month of April, 1959, pay over to the said pension fund an amount equal to the three per cent (3%) of the total salaries referred to above, and in the event the City of High Point contributed to said fund, then and in that event, the City Treasurer shall also pay over to said fund at such time or times as the City Council may by ordinance direct, but at least once every three months, the amount of such contribution."

Sec. 3. That Section 3 of Chapter 496 of the 1955 Session Laws of the State of North Carolina be and the same is hereby amended as follows: By striking out the words and figures "one dollar ($1.00)" in line ten and inserting in lieu thereof the words and figures "two dollars ($2.00)", and by striking out the words and figures "three dollars ($3.00)" in line eleven and inserting in lieu thereof the words and figures "five dollars ($5.00)".

Sec. 4. That Section 5 of Chapter 496 of the 1955 Session Laws of the State of North Carolina be and the same is hereby amended by striking out the words "one-half of" in line four of said Section.

Sec. 5. That Section 7 of Chapter 496 of the 1955 Session Laws of the State of North Carolina be and the same is hereby amended by striking out the words "one-half of" in line twenty-eight of said Section.

Sec. 6. All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 7. This Act shall be in full force and effect from and after its ratification.

In the General Assembly read three times and ratified, this the 25th day of March, 1959.