North Carolina HB 1111: Military Service Buyback Reduction: Teachers.

Bill Text

GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2025
H 1
HOUSE BILL 1111

Short Title: Military Service Buyback Reduction: Teachers. (Public)
Sponsors: Representatives Campbell, Chesser, Loftis, and Ager (Primary Sponsors).
For a complete list of sponsors, refer to the North Carolina General Assembly web site.
Referred to: Pensions and Retirement, if favorable, Rules, Calendar, and Operations of the
House
April 30, 2026
*H1111-v-1*
A BILL TO BE ENTITLED 1
AN ACT TO REDUCE THE COST OF PURCHASING MILITARY SERVICE CREDIT FOR 2
VETERANS EMPLOYED IN PUBLIC EDUCATION. 3
The General Assembly of North Carolina enacts: 4
SECTION 1. G.S. 135-4 is amended by adding a new subsection to read: 5
"(ll) Discounted Military Service Credit for Public School Employees. – Notwithstanding 6
any other provision of law, a member of the Teachers' and State Employees' Retirement System 7
who (i) has performed active duty service in the Armed Forces of the United States and (ii) is 8
employed as a full-time public school employee in North Carolina shall be eligible to purchase 9
up to four years of creditable military service at a cost equal to twenty-five percent (25%) of the 10
actuarial liability otherwise required. The remaining seventy-five percent (75%) of the cost shall 11
be paid from funds appropriated by the General Assembly." 12
SECTION 2. The Department of State Treasurer and the Retirement Systems 13
Division shall adopt rules necessary to implement this act. 14
SECTION 3. This act becomes effective July 1, 2027, and applies to purchases of 15
service credit made on or after that date. 16