20 N.C. Admin. Code 2B.0211

Current through Register Vol. 39, No. 11, December 2, 2024
Section 02B .0211 - OPTIONAL RETIREMENT PROGRAM

An individual who is employed by a state university at a rank or in a position ineligible for participation in the Optional Retirement Program, as provided by G.S. 135-5.1, and who later is reclassified to an eligible rank or position shall be permitted to elect to withdraw from the Teachers' and State Employees' Retirement System and to begin participation in the Optional Retirement Program as though the individual were a new employee.

20 N.C. Admin. Code 02B .0211

Authority G.S. 135-5.1; 135-6(f);
Eff. February 1, 1976;
Readopted Eff. March 1, 2023; September 21, 1977.
Authority G.S. 135-5.1; 135-6(f);
Eff. February 1, 1976;
Readopted Eff. September 21, 1977.
Readopted by North Carolina Register Volume 37, Issue 19, April 3, 2023 effective 3/1/2023.