H 3596 General Bill, By W. McLeod

Similar(S 600)
 A BILL TO AMEND SECTION 9-1-1140, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA,
 1976, RELATING TO ESTABLISHING SERVICE CREDIT FOR PURPOSES OF THE SOUTH
 CAROLINA RETIREMENT SYSTEM, SO AS TO INCREASE FROM NINETY TO ONE HUNDRED
 EIGHTY THE NUMBER OF DAYS OF A MEMBER'S UNUSED SICK LEAVE THAT ARE ADDED TO
 THE CREDITED SERVICE OF A MEMBER OTHERWISE ELIGIBLE TO RETIRE.

   03/05/97  House  Introduced and read first time HJ-3
   03/05/97  House  Referred to Committee on Ways and Means HJ-3

TO AMEND SECTION 9-1-1140, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO ESTABLISHING SERVICE CREDIT FOR PURPOSES OF THE SOUTH CAROLINA RETIREMENT SYSTEM, SO AS TO INCREASE FROM NINETY TO ONE HUNDRED EIGHTY THE NUMBER OF DAYS OF A MEMBER'S UNUSED SICK LEAVE THAT ARE ADDED TO THE CREDITED SERVICE OF A MEMBER OTHERWISE ELIGIBLE TO RETIRE.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1. The last unnumbered paragraph of Section 9-1-1140 of the 1976 Code, as added by Act 87 of 1991, is amended to read:

"At retirement, after March 31, 1991, a member shall receive credit for not more than ninety one hundred eighty days of his unused sick leave at no cost to the member. The leave must be credited at a rate where twenty days of unused sick leave equals one month of service. This additional service credit may not be used to qualify for retirement."

SECTION 2. This act applies with respect to members of the South Carolina Retirement System retiring after June 30, 1997.