NORTH CAROLINA GENERAL ASSEMBLY

1959 SESSION

CHAPTER 569

SENATE BILL 325

AN ACT TO AMEND CHAPTER 669 OF THE SESSION LAWS OF 1943, RELATING TO THE RETIREMENT SYSTEM OF THE EMPLOYEES OF NEW HANOVER COUNTY.

The General Assembly of North Carolina do enact:

Section 1. Section 6 of Chapter 669 of the Session Laws of 1943 is amended by adding a new subsection, immediately following subsection (d), to be numbered subsection (e), and to read as follows:

"(e)      It is not the intention or purpose of this Act to eliminate the estate of retired employee, drawing pension, from being refunded all such sums as he himself has paid in less the amounts paid out under this Act, if any such difference exists at the time of severance by death."

Sec. 2. All laws and clauses of laws in conflict with this Act are repealed.

Sec. 3. 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 21st day of May, 1959.