North Carolina General Statutes 135-109. Reports of earnings
The Department of State Treasurer and Board of Trustees may require each beneficiary to annually provide a statement of the beneficiary‘s income received as compensation for services, including fees, commissions, or similar items, income received from business, and benefits received from the Social Security Administration, the federal Veterans Administration, any other federal agency, under the North Carolina Workers’ Compensation Act, or under the provisions of N.C. Gen. Stat. § 127A-108 The benefit payable to a beneficiary who does not or refuses to provide the information requested within 120 days after such request may be suspended until the information so requested is provided, and should such refusal or failure to provide such information continue for 180 days after such request the right of a beneficiary to a benefit under the Article may be terminated. ?(1987, c. 738, s. 29(q); 2003-359, s. 23; 2016-108, s. 8.)
Terms Used In North Carolina General Statutes 135-109
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Beneficiary: shall mean any person in receipt of a disability allowance or other benefit as provided in this Article. See North Carolina General Statutes 135-101
- Benefits: shall mean the monthly disability income payments made pursuant to the provisions of this Article. See North Carolina General Statutes 135-101
- Board of Trustees: shall mean the Board of Trustees of the Teachers' and State Employees' Retirement System as provided in N. See North Carolina General Statutes 135-101
- Compensation: shall mean any compensation as the term is defined in N. See North Carolina General Statutes 135-101
- State: shall mean the State of North Carolina. See North Carolina General Statutes 135-101