North Carolina General Statutes 58-86-6. Firefighters’ and Rescue Squad Workers’ Pension Fund Advisory Panel
There is created an advisory panel to be known as the Firefighters’ and Rescue Squad Workers’ Pension Fund Advisory Panel, hereinafter referred to as “the advisory panel.”
The advisory panel shall consist of seven persons:
(1) The Director of the Retirement Systems Division of the North Carolina Department of State Treasurer or his or her designee, who shall act as chair.
Terms Used In North Carolina General Statutes 58-86-6
- Board: means the Board of Trustees of the Local Governmental Employees' Retirement System. See North Carolina General Statutes 58-86-2
- Chair: means the chair of the Board of Trustees of the Local Governmental Employees' Retirement System. See North Carolina General Statutes 58-86-2
- Director: means the Director of the Retirement Systems Division of the North Carolina Department of State Treasurer. See North Carolina General Statutes 58-86-2
- Member: means an eligible firefighter or eligible rescue squad worker who has elected to participate in the North Carolina Firefighters' and Rescue Squad Workers' Pension Fund. See North Carolina General Statutes 58-86-2
- Pension Fund: means the North Carolina Firefighters' and Rescue Squad Workers' Pension Fund. See North Carolina General Statutes 58-86-2
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3
(2) A designee of the State Insurance Commissioner.
(3) Five members to be appointed by the Board of Trustees of the Local Governmental Employees’ Retirement System: one paid firefighter, one volunteer firefighter, one paid rescue squad worker, one volunteer rescue squad worker, and one representing the public at large, for terms of four years each. One member of the advisory panel appointed by the Board of Trustees of the Local Governmental Employees’ Retirement System must be a member of that Board. Members of the advisory panel may succeed themselves if reappointed by the Board of Trustees of the Local Governmental Employees’ Retirement System.
The persons serving on the Board of Trustees of the Firefighters’ and Rescue Squad Workers’ Pension Fund on June 30, 2013, may serve as members of the advisory panel until the expiration of their current terms. No member of the advisory panel shall receive any salary, compensation, or expenses other than that provided in N.C. Gen. Stat. § 138-6 for each day’s attendance at duly and regularly called and held meetings of the advisory panel. (2013-284, s. 1(a).)