Amends GS 161-50.3, concerning disbursements into the Register of Deeds’ Supplement Pension Fund (Fund), to set forth a calculation for pro rata payments that must occur should the Fund be insufficient to pay pension or other charges.  Specifies that the pro rata payment calculated would remain in effect until either the Fund can cover the full amount of the monthly pension payments or the next calendar year if the Fund remains insufficient, at which time the monthly pro rata payment made to each eligible register of deeds must be recalculated.  Removes outdated language and makes technical change. Removes Fund eligibility for any county register of deeds who is not eligible to retire with the Local Governmental Employees' Retirement System (LGERS) solely because the county has not elected to participate as an employer with the Local Governmental Employees' Retirement System and who has also met age and/or service requirements from GS 161-50.4 (Fund eligibility).  Makes technical changes.
Makes conforming changes to GS 161-50.5 to account for removal of eligibility prong in GS 161-50.4.  On or after October 1, 2025, a retired register of deeds will be entitled to receive a pension benefit of $1,500 per month. Specifies that current statutory formula applies prior to October 1, 2025.  
Reorganizes provisions pertaining to cessation of pension payments upon death of the pensioner, reemployment with an employer participating in LGERS, and forfeiture of benefits into new GS 161-50.10. Makes technical changes.  Specifies that Article 3 of GS Chapter 161 (Article) does not preclude or in any way affect the benefits that an individual receiving benefits under the Article may be entitled to from any state, federal or private pension, retirement plan, or other deferred compensation plan. Applies to payments made pursuant to the Article to eligible registers of deeds on or after October 1, 2025. Specifies that if any pension benefit under the Article is payable for any month prior to October 1, 2025, but is paid on or after that date, then the amount paid will be the amount that was in effect for the applicable month.
Effective October 1, 2025.