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Bill > H934


NC H934

NC H934
Make State Employment Great Again


summary

Introduced
04/30/2024
In Committee
05/01/2024
Crossed Over
Passed
Dead
12/13/2024

Introduced Session

2023-2024 Session

Bill Summary

AN ACT AWARDING TO STATE EMPLOYEES A FIVE PERCENT APPRECIATION PAY INCREASE IN THE 2024-2025 AND 2025-2026 FISCAL YEARS AND A ONE-TIME FIVE THOUSAND DOLLAR BONUS IN THE 2024-2025 FISCAL YEAR AND PROVIDING A TWO PERCENT COST-OF-LIVING ADJUSTMENT FOR RETIREES OF THE TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM, THE CONSOLIDATED JUDICIAL RETIREMENT SYSTEM, AND THE LEGISLATIVE RETIREMENT SYSTEM.

AI Summary

This bill, titled "Make State Employment Great Again Act," proposes several key provisions. Firstly, it establishes a one-time $5,000 bonus and a 5% pay raise for all state employees in the 2024-2025 and 2025-2026 fiscal years. Additionally, it provides a 2% cost-of-living adjustment for retirees of the Teachers' and State Employees' Retirement System, the Consolidated Judicial Retirement System, and the Legislative Retirement System. The bill also appropriates funds from various state sources, such as the General Fund, Savings Reserve, and State Capital and Infrastructure Fund, to finance these increases. The overall aim of the bill is to recognize and appreciate the valuable contributions made by state employees.

Committee Categories

Budget and Finance

Sponsors (28)

Last Action

Ref to the Com on Appropriations, if favorable, Rules, Calendar, and Operations of the House (on 05/01/2024)

bill text


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