STATE EMPLOYEES ASSOCIATION OF NORTH CAROLINA
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Retirement


2010 Retiree Council Legislative Agenda
  • Seek continuation of a fully paid health care benefit for active qualified employees and retired employees.
  • Seek restoration of the employer's contribution to the Teachers' and State Employees' Retirement System to at least match the employee contribution of 6%.
  • SEANC endorses the repeal of G.S. §95-98 and supports the enactment of legislation to govern collective bargaining by North Carolina public employees; further SEANC will seek to amend G.S. §143-3.3(g) and G.S. §135-18.8 to delete language that voids dues deduction from payroll or from a retirement benefit if an employees' or retirees' association engages in collective bargaining.
  • Seek an increase in the retirement accrual rate to 2.0 to provide employees with 60 percent of their final compensation upon retirement.

The Bailey Case - An explanation of the case and its history.
Bailey Settlement Economic Impact Study - the positive economic impact of extending the Bailey Settlement to all government retirees.


Recent State Employee Benefit History
Year
COLA
Retiree
Formula

State
Retirement
Contribution

Employee
Retirement
Contribution

2001
 2.0%  1.81%
 1.97%  6.0%
2002  2.0%  1.82%  0%  6.0%
2003
 1.28%  1.82%  0.22%  6.0%
2004  1.7%  1.82%  2.17%  6.0%
2005  2.0%  1.82%  2.34%  6.0%
2006  3.0%  1.82%  2.66%  6.0%
2007  2.2%  1.82%  3.05%  6.0%
2008  2.2%  1.82%  3.36%  6.0%
2009
 0%  1.82%  3.57%  6.0%