POLICY STATEMENT 149
LAW ENFORCEMENT SEPARATION ALLOWANCE
BENEFITS
Prepared by: Dale Johnson
Supersedes: N/A
Adopted by Council:
Effective:
POLICY
PURPOSE – To provide guidance regarding
payment of the special separation allowance for law enforcement officers when an
eligible officer retires from the Town of
COVERAGE
– The special separation allowance is available to qualified retiring law
enforcement officers according to the conditions set forth in NC General
Statute143-166.41 and 143-166.42.
ELIGIBILITY
- To qualify for payment of the special separation allowance, a retiring sworn
law enforcement officer must have (a) 30 or more years of creditable service
with the North Carolina Local Law Enforcement Officers Retirement System or (b)
have attained 55 years of age with at least 5 years of creditable service and:
The separation allowance
recipient loses eligibility and payments will cease if the retired officer is:
(a)
re-employed in any position at the Town of Cary, except
in the interest of public safety where the retiree is working in a
contract or temporary reserve officer basis or related capacity and the
position does not require participation in the N.C. retirement system; or
(b)
employed at any N.C. governmental organization in a position which requires the
retiree to participate in the N.C.
retirement system. (For purposes of
this policy this would include governmental bodies such as airport and water and
sewer authorities.)
If the retired officer regains
eligibility, the retired officer may request reinstatement of the separation
allowance as long as the retired officer continues to be eligible according to
the conditions set forth in this policy.
This policy is effective for
all current retirees and law enforcement officers who retire following the date
this policy is adopted.