On behalf of the North Carolina National Guard Association (NCNGA) and our Council, we are happy to announce that our request for an increase in our Guard member’s pension plan was signed by Governor McCrory yesterday as part of the State’s budget. Effective 1 July 2014 NC G.S. 127A-40 State Pension increase was approved to $99.00 (20 years of service) and $198.00 (30 years of service). It will also be prorated for those currently receiving the state pension.
After many years of lobbying the legislature for an increase, we are delighted that our Legislators and Governor have approved this increase. Your North Carolina National Guard Association and our network of supporters work year-round to improve our member’s quality-of-life and are happy to have led this effort on your behalf. The last time the Guards pension was raised was 2008 and has only been raised 3 times since 1973. We believe this increase assists in retaining Guards men and women with the most experience, and ensures the North Carolina National Guard response to emergencies and disasters are manned by the best personnel.
Our goal with legislation like this is to increase the likelihood that veterans will remain in NC, thereby improving the available labor pool in NC. We appreciate the efforts of our members that helped us by calling and sending emails to our Legislators during this year’s session on our behalf. Your support is vital to our success and helps us help each of our members and their families.
For more information on the increase of the pension plan please click link below.