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submitted to the respective agency head or employing agency and to the Fiscal Research <br /> Division. <br /> Section 35.17 Establish Pay Plan Reserve/Funds <br /> Creates a Pay Plan Reserve within the General Fund. Provides that appropriations to this Fund <br /> will be used for the purposes of providing monies for salary and benefit costs, including salary <br /> and benefit costs for teachers and school administrators. Establishes guidelines for the Fund. <br /> G.S. 143C-4-8. <br /> Section 35.18A Special Annual Leave Bonus <br /> Provides a bonus of three annual leave days to full-time,permanent employees of local school <br /> boards (and other State entities) employed as of July 1, 2017. Allows the leave to carryforward <br /> for the term of the employee's service. <br /> Section 35.19 Salary-Related Contributions <br /> Sets the TSERS employer contribution for the 2017-18 fiscal year at 17.13% and for the 2018-19 <br /> fiscal year at 18.44% (was 16.12%the previous fiscal year). <br /> Sets the State Health Plan employer contribution: <br /> • For the 2017-18 fiscal year: <br /> o 6.05%retiree health <br /> o Maximum of$5,869 per employer(was $5,471 in 2016-17). <br /> • For the 2018-19 fiscal year: <br /> o 6.27%retiree health <br /> o Maximum of$6,104 per employer. <br /> Section 35.19A Provide Cost-of-Living Adjustment for Retirees of the Teachers' and State <br /> Employees' Retirement System, The Consolidated Judicial Retirement System, and the <br /> Legislative Retirement System <br /> Provides a 1% Cost-of-Living supplement to eligible State retirees whose retirement commenced <br /> on or before July 1, 2016. <br /> Section 35.21 Study State Employee Total Compensation/Reduce Long-Term Unfunded <br /> Health Care Liabilities <br /> Creates a legislative committee to examine the total compensation of State employees, defined as <br /> cash compensation and the value of heath care, retirement, leave, and other flexible benefits. <br /> *HB 528 changed the task of the committee to study compensation and benefits instead of total <br /> compensation. <br /> Provides that those employees hired on or after January 1, 2021, will not be eligible to receive <br /> health benefits through the State Health Plan at retirement. <br /> G.S. 135-48.1, -48.40. <br /> 34 <br />