The North Carolina retirement system for non-state government workers offers a defined benefit pension plan, ensuring a guaranteed income stream after retirement based on years of service and final average salary. This system covers employees of local entities such as counties, cities, towns, and special districts. For example, a firefighter in a municipality or a librarian in a county system would likely be covered under this plan.
This retirement plan provides financial security for dedicated public servants who contribute to the well-being of North Carolina communities. It allows them to focus on their vital work without undue worry about their financial future. The systems history reflects the state’s commitment to supporting its workforce and recognizing the value of their public service. A stable and predictable retirement income promotes employee retention and attracts qualified individuals to these crucial roles.
