Update Register of Deeds' Supp. Pension Fund.

SB 193 updates North Carolina's pension system for retired Registers of Deeds by replacing the current variable payment calculation with a fixed $1,500 monthly benefit for all eligible retirees. It directly affects retired county Registers of Deeds who meet service requirements (at least 10 years of eligible service), changing how their supplemental pension is calculated. The bill modifies statutes to set this flat rate effective October 1, 2025, ending the previous method that adjusted payments based on fund availability and years of service. This change simplifies disbursement while maintaining the existing eligibility criteria for retirees.