Amend the bill, as and if amended, Part IB, Section 108, PUBLIC EMPLOYEE BENEFIT AUTHORITY, page 466, after line 16, by adding an appropriately numbered paragraph to read:

/ (PEBA: South Carolina Retirement System) Effective December 31, 2023, from the funds appropriated to PEBA, the South Carolina Retirement System (SCRS) is closed to new members. A person who otherwise would have been required or eligible to become a member of SCRS after December 31, 2023, instead shall join the State Optional Retirement Program (State ORP) as administered by the Public Employee Benefit Authority.

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Amend totals and titles to conform.