Amend the bill, as and if amended, page 9, SECTION 8, by striking lines 9-32 and inserting:
/ "Section 9-16-315. (A) There is established the 'Retirement System Investment Commission' (RSIC) consisting of seven members as follows:
(1) one member appointed by the Governor;
(2) one member appointed by the State Treasurer, ex officio who shall be a retired member of the South Carolina Retirement System;
(3) one member appointed by the Comptroller General who shall be an active, contributing member of the South Carolina Retirement System;
(4) one member appointed by the Chairman of the Senate Finance Committee;
(5) one member appointed by the Chairman of the Ways and Means Committee of the House of Representatives;
(6) one member appointed by the Governor who is an active or retired member of the Police Officers Retirement System, the Judges and Solicitors Retirement System, or the National Guard Retirement System a retired member of the retirement system. This representative member must be appointed by unanimous vote of the voting members of the commission; and
(7) the Executive Director of South Carolina Public Employee Benefit Authority, ex officio, without voting privileges. /
Amend the bill further, as and if amended, by adding an appropriately numbered new SECTION at the end to read:
/ SECTION ( ). Any person currently serving on the RSIC as of the effective date of this act shall continue to serve for remainder of the term for which he was appointed. /
Renumber sections to conform.
Amend title to conform.