NORTH CAROLINA GENERAL ASSEMBLY
1979 SESSION

CHAPTER 366
HOUSE BILL 558

AN ACT TO CHANGE RETIREMENT BENEFITS OF THE NORTH WILKESBORO SUPPLEMENTARY PENSION FUND.

The General Assembly of North Carolina enacts:

Section 1. Section 4 of Chapter 120 of the 1969 Session Laws is rewritten to read as follows:
"Sec. 4(a).  Any member who has served 20 years as a fireman in the North Wilkesboro Fire Department and has attained the age of 55 shall be entitled to receive a monthly pension from the 'Supplementary Pension Fund' in the applicable amount as set forth below:
Retirement Age	Amount
20 years service and at least 55	$30.00
21 years service and at least 56	$32.00
22 years service and at least 57	$34.00
23 years service and at least 58	$36.00
24 years service and at least 59	$38.00
25 years service and at least 60	$40.00.
(b)	Retired members of the fire department who were receiving monthly pensions under the provisions of former Section 4 of this act shall be entitled to receive in lieu thereof monthly pensions in the applicable amounts as set forth in subsection (a) of this section, beginning with the full calendar month following the ratification of this act."
Sec. 2. This act is effective upon ratification.
In the General Assembly read three times and ratified, this the 17th day of April, 1979.