2024 Retirement Technical Corrections.

HB 988 makes technical corrections and clarifying changes to North Carolina's laws governing several state retirement systems for teachers, state employees, local government employees, and judicial and legislative staff. The bill primarily updates the official title of the Executive Director of the Retirement Systems Division and refines administrative procedures related to disability benefits. Key provisions include adjusting timelines for medical reexaminations and income reporting requirements for disability retirees, as well as modifying how long the Retirement Systems Division must retain investigative reports and work papers. These changes aim to correct errors in existing statutes and improve the clarity of rules regarding retirement administration and compliance.