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Session 114 - (2001-2002)Printer Friendly
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S*0163 (Rat #0044, Act #0025 of 2001) General Bill, By Martin and Reese
Summary: Retirement System, S.C., Police Officers; employment after retired, benefits, earning amount; General Assembly, service
    A BILL TO AMEND SECTIONS 9-1-1790 AND 9-11-90, BOTH AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE MAXIMUM AMOUNT WHICH MAY BE EARNED WITHOUT AFFECTING RETIREMENT BENEFITS BY RETIREES UNDER THE SOUTH CAROLINA RETIREMENT SYSTEM AND SOUTH CAROLINA POLICE OFFICERS RETIREMENT SYSTEM WHO RETURN TO COVERED EMPLOYMENT, SO AS PERMANENTLY TO INCREASE THE MAXIMUM FROM TWENTY-FIVE THOUSAND DOLLARS TO FIFTY THOUSAND DOLLARS IN A FISCAL YEAR AND TO PROVIDE THAT IF A RETIRED MEMBER OF THESE SYSTEMS RETURNS TO COVERED EMPLOYMENT SOONER THAN SIXTY DAYS AFTER RETIREMENT THE MEMBER'S RETIREMENT ALLOWANCE IS SUSPENDED WHILE THE MEMBER REMAINS IN THE COVERED EMPLOYMENT; AND TO AMEND SECTION 9-9-60, AS AMENDED, RELATING TO RETIREMENT AND RETIREMENT BENEFITS UNDER THE RETIREMENT SYSTEM FOR MEMBERS OF THE GENERAL ASSEMBLY, SO AS TO REDUCE FROM FORTY TO TWENTY-FIVE YEARS THE SERVICE REQUIRED FOR A MEMBER OF THE GENERAL ASSEMBLY WHO HAS ATTAINED THE AGE OF SEVENTY AND ONE-HALF YEARS TO RECEIVE RETIREMENT BENEFITS FROM THE SYSTEM WHILE CONTINUING TO SERVE IN THE GENERAL ASSEMBLY.-AMENDED TITLE
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01/18/01Senate Introduced and read first time SJ-7
01/18/01Senate Referred to Committee on Finance SJ-7
03/07/01Senate Committee report: Favorable with amendment Finance SJ-12
03/08/01Senate Amended SJ-14
03/08/01Senate Read second time SJ-14
03/08/01Senate Ordered to third reading with notice of amendments SJ-14
03/14/01Senate Amended SJ-20
03/14/01Senate Read third time and sent to House SJ-20
03/15/01House Introduced and read first time HJ-11
03/15/01House Referred to Committee on Ways and Means HJ-11
04/19/01House Committee report: Favorable Ways and Means HJ-9
04/25/01House Amended HJ-34
04/25/01House Read second time HJ-36
04/26/01House Read third time and returned to Senate with amendments HJ-21
05/09/01Senate House amendment amended SJ-29
05/09/01Senate Returned to House with amendments SJ-29
05/16/01House Concurred in Senate amendment and enrolled HJ-35
05/23/01 Ratified R 44
05/29/01 Signed By Governor
06/12/01 Effective date 07/01/01
06/12/01 Copies available
06/12/01 Act No. 25



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