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Current as of January 01, 2023 | Updated by Findlaw Staff
(a) No employing unit may enter into any settlement agreement with an employee or former employee regarding health benefits covered under the Plan unless the employing unit has received written authorization from the Plan's Executive Administrator.
(b) No settlement agreement between an employing unit and an employee or former employee may reinstate health benefit coverage under the Plan more than one year prior to the date of the settlement agreement.
(c) Any settlement agreement provision in violation of this section shall be void ab initio.
Cite this article: FindLaw.com - North Carolina General Statutes Chapter 135. Retirement System for Teachers and State Employees; Social Security; State Health Plan for Teachers and State Employees § 135-48.46. Settlement agreements by employing units - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-135-retirement-system-for-teachers-and-state-employees-social-security-state-health-plan-for-teachers-and-state-employees/nc-gen-st-sect-135-48-46/
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