NORTH CAROLINA GENERAL ASSEMBLY
1971 SESSION
CHAPTER 911
SENATE BILL 909
AN ACT TO PROVIDE ADMINISTRATIVE EXPENSES FOR THE TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM.
The General Assembly of North Carolina enacts:
Section 1. Effective July 1, 1971, and for each year of the 1971-73 Biennium, administrative expenses for the operation of the Teachers' and State Employees' Retirement System shall be paid from the Pension Accumulation Fund held by the System.
Sec. 2. This act shall become effective July 1, 1971.
In the General Assembly read three times and ratified, this the 19th day of July, 1971.