§ 120-4.30. Termination or partial termination; discontinuance of contributions. - North Carolina Statutes

§120‑4.30.  Termination or partial termination; discontinuance ofcontributions.

In the event of thetermination or partial termination of the Retirement System or in the event ofcomplete discontinuance of contributions under the Retirement System, the rightsof all affected members to benefits accrued to the date of such termination,partial termination, or discontinuance, to the extent funded as of such date,or the amounts credited to the members' accounts, shall be nonforfeitable andfully vested. (1987, c. 177, s. 1(a), (b).)