ORD-2011 Article IV Employee Benefits

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9.4.1 Effective January 1, 2011 Orange County makes a Supplementai Retirement contribution to an authorized 401(k) or 457 Plan of $27.50 per pay period for each eligible employee for the remainder of the fiscal year, and thereafter as Board of County Commissioners provides in its annual budget. 9.4.2 For this purpose, eligible employees are County employees both full time and part time (regularly scheduled at least 20 hours each workweek) appointed to permanent positions who are members of the N. C. Local Government Employees' Retirement System and who are not sworn law enforcement officers. See Section 9.5 for additional retirement benefits for Law Enforcement Officers. 9.4.3 To participate, an eligible employee completes the appropriate enrollment form. 9.4.4 Employees are eligible for coverage effective the date of appointment to the permanent position and enrollment in the retirement system. Contributions are suspended for any pay period in which the employee is in leave without pay status for that pay period. At termination, the County's supplemental retirement contribution ends. 9.5 Additional Retirement Benefits for Law Enforcement Officers In accordance with GS143-166.70 additional retirement benefits are provided for Local Law Enforcement Officers. 9.5.1 Local governments are required to provide contributions to the Special Retirement Income Program (401K Plan) for local law enforcement officers as follows: 2% of salary amount in F.Y. 1987 - 1988 5% of salary amount in F.Y. 1988 - 1989 and thereafter 9.5.2 Special Separation Allowance. Local governments are Amended required to pay a special separation allowance to sworn local 1/21/l0 law enforcement officers in accordance with N.C. Gen. Stat. § 143-166.42. 1. Eligibility. The local law enforcement officer must meet one of the following two criteria: (1) are at least age 55 and have 5 years creditable service as a law enforcement officer, or Article IV - Page 14