North Carolina Statutes
§ 135-61 — Election of optional allowance
North Carolina·Ch. 135 Retirement System for Teachers and State Employees; Social Security; State Health Plan for Teachers and State Employees·Art. 4 Consolidated Judicial Retirement Act
Any member who retires under the provisions of this Article shall have the right to elect to have his allowance payable under any one of the optional forms provided for in G.S. 135-5(g), subject to the conditions therein contained, in lieu of the allowance that would otherwise be payable. (1973, c. 640, s. 1.)
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Nearby Sections
15
§ 135-1
Definitions§ 135-1.1
Licensing and examining boards§ 135-10
Protection against fraud§ 135-10.1
Failure to respond§ 135-100
Short title and purpose§ 135-101
Definitions§ 135-102
Administration§ 135-103
Eligible participants§ 135-104
Salary continuation§ 135-105
Short-term disability benefits§ 135-106
Long-term disability benefits§ 135-107
Optional Retirement Program§ 135-108
Post disability benefit adjustments§ 135-109
Reports of earnings