A Retirement System is hereby established and placed under the management of the Board of Trustees for the purpose of providing retirement allowances and other benefits under the provisions of this Article for justices and judges, district attorneys, public defenders, and clerks of superior court of the General Court of Justice of North Carolina, and their survivors. The Retirement System so created shall be established as of January 1, 1974.
The Retirement System shall have the power and privileges of a corporation and shall be known as the "Consolidated Judicial Retirement System of North Carolina," and by such name all of its business shall be transacted.
(1973, c. 640, s. 1; 1983 (Reg. Sess., 1984), c. 1031, s. 11; 2005-276, s. 29.30A(d); 2005-345, s. 42; 2007-323, s. 28.21B(d).)
Editor's Note. - Session Laws 2005-345, s. 42, repealed Session Laws 2005-276, s. 29.30A(d), which had proposed to amend this section by inserting "and Utilities Commissioners" in the first paragraph.
Session Laws 2007-323, s. 1.2, provides: "This act shall be known as the 'Current Operations and Capital Improvements Appropriations Act of 2007'."
Session Laws 2007-323, s. 32.5 is a severability clause.
Effect of Amendments. - Session Laws 2007-323, s. 28.21B.(d), effective July 1, 2007, inserted "public defenders," near the end of the first sentence of the first paragraph.
CASE NOTES
Purpose - Consolidated Judicial Retirement Act, G.S. 135-50 et seq., was established for the purpose of improving the administration of justice by attracting and retaining the most highly qualified talent available within the State to the positions of justice and judge, district attorney and solicitor, and clerk of superior court, within the General Court of Justice, G.S. 135-50(b), by providing, as set forth in G.S. 135-54, retirement allowances and other benefits under the provisions of the Act for justices and judges, district attorneys, and clerks of superior court of the General Court of Justice of North Carolina, and their survivors. State Employees Ass'n of N.C. Inc. v. State, 154 N.C. App. 207, 573 S.E.2d 525 (2002).