North Carolina General Statutes 135-113. Reservation of power to change
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Terms Used In North Carolina General Statutes 135-113
- Benefits: shall mean the monthly disability income payments made pursuant to the provisions of this Article. See North Carolina General Statutes 135-101
- Contract: A legal written agreement that becomes binding when signed.
- Participant: shall mean any teacher or employee eligible to participate in the Plan as provided in N. See North Carolina General Statutes 135-101
The benefits provided in this Article as applicable to a participant who is not a beneficiary under the provisions of this Article shall not be considered as a part of an employment contract, either written or implied, and the General Assembly reserves the right at any time and from time to time to modify, amend in whole or in part or repeal the provisions of this Article. (1987, c. 738, s. 29(q).)