Early police retirement bill moves
Legislation that would create a new early retirement window for North Carolina law enforcement cleared the House by a 113-2 vote Wednesday.
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House Bill 284 adds a 25-year retirement option for officers who are members of the state or local government retirement systems in North Carolina. Retirement pay would be reduced a bit and would have to be voluntary to go through. Employers are authorized to offer buyouts to entice early retirements, but control over the buyout amount is also meant as a way to avoid mass exodus.
The North Carolina Association of Chiefs of Police is on board with the plan.
"We think the effects are manageable and minimal," lobbyist Fred Baggett said.
Similar legislation, Senate Bill 199, has been sitting in the Senate Rules Committee since March, but that doesn't mean the House version will suffer a similar fate. Rep. Greg Murphy, R-Pitt, the sponsor of the House version, said the Senate bill doesn't include a benefits reduction like the House bill does.
The Senate still must approve the measure.
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