20 N.C. Admin. Code 2M.0201

Current through Register Vol. 39, No. 11, December 2, 2024

Section 02M .0201 - ELIGIBILITY TO ELECT COVERAGE

(a) A retired member in receipt of a monthly retirement allowance as a former teacher, employee, or official of more than one of the Retirement Systems is eligible to elect coverage under each Retirement System from which the member receives a retirement benefit; however, if a retired member is receiving more than one retirement benefit from the same Retirement System, the member may elect coverage only on the basis of one retirement benefit from that Retirement System.

(b) A former teacher, employee or official in receipt of disability benefits from the Disability Income Plan of North Carolina is not in receipt of a retirement allowance and is not eligible to elect coverage under the Contributory Death Benefit for Retired Members until such time as the disability benefit is converted to a service retirement allowance.

20 N.C. Admin. Code 02M .0201

Authority G.S. 120-4.10; 120-4.27; 128-27(l2); 128-27(l3); 128-27(l4); 128-27(l5); 128-27(l6); 128-28(g); 135-5(l); 135-6(f); 135-64(g);
Eff. February 1, 1989;
Amended Eff. March 1, 2023.

Authority G.S. 120-4.10; 120-4.27; 128-27(l2); 128-28(g); 135-5(l); 128-27(l3); 128-27(l4); 128-27(l5); 128-27(l6); 135-6(f); 135-64(g);
Eff. February 1, 1989.

Amended by North Carolina Register Volume 37, Issue 19, April 3, 2023 effective 3/1/2023.