North Carolina § 135-18.6 Termination or partial termination; discontinuance of contributions

North Carolina Statutes

§ 135-18.6 — Termination or partial termination; discontinuance of contributions

North Carolina § 135-18.6

Ch. 135Retirement System for Teachers and State Employees; Social Security; State Health Plan for Teachers and State Employees

Art. 1Retirement System for Teachers and State Employees

This text of North Carolina § 135-18.6 (Termination or partial termination; discontinuance of contributions) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.C. Gen. Stat. § 135-18.6 (2026).

Text

In the event of the termination or partial termination of the Retirement System or in the event of complete discontinuance of contributions under the Retirement System, the rights of all affected members to benefits accrued to the date of such termination, partial termination, or discontinuance, to the extent funded as of such date, or the amounts credited to the members' accounts, shall be nonforfeitable and fully vested.

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In the event of the termination or partial termination of the Retirement System or in the event of complete discontinuance of contributions under the Retirement System, the rights of all affected members to benefits accrued to the date of such termination, partial termination, or discontinuance, to the extent funded as of such date, or the amounts credited to the members' accounts, shall be nonforfeitable and fully vested.