GroundRules
N.C. Gen. Stat. § 135-155: Death Benefit Plan established.
Where this section sits in the code
- Chapter 135. Retirement System for Teachers and State Employees; Social Security; State Health Plan for Teachers and State Employees.
- Article 8. Death Benefit Plan for State Employees and Retirees.
(a) Death Benefit Plan for State Employees and Retirees. - There is established the Death Benefit Plan for State Employees and Retirees, a group life insurance plan that is an employee welfare benefit plan that is separate and apart from the Retirement System.
(b) Benefit Trust. - The Death Benefit Plan shall be part of the Benefit Trust. All receipts, transfers, appropriations, contributions, investment earnings, and other income belonging to the Death Benefit Plan shall be deposited in the Benefit Trust. All benefits and expenses against the Death Benefit Plan shall be disbursed from the Benefit Trust. (2025-11, ss. 1(a), (h), (i), 3.)
Collected 2026-08-27T18:21:42Z. Source file · JSON