Disability Income Plan of NC
 
The Disability Income Plan of North Carolina (Plan) is a component unit that provides disability benefits to employees of the State, most of its component units, and local boards of education that are not part of the reporting entity.  The Plan has corporate powers and is governed by a fourteen-member board.  Ten members are appointed by the Governor, two are appointed by the General Assembly, and two are elected State officials.  Provisions and contribution rates are approved by the General Assembly, with the State making significant contributions as an employer and through its funding of local boards of education.