Bill 368

                    Current Status

Bill Number:                    368
Ratification Number:            102
Act Number:                     63
Type of Legislation:            General Bill GB
Introducing Body:               Senate
Introduced Date:                19950117
Primary Sponsor:                Land 
All Sponsors:                   Land 
Drafted Document Number:        jic\5269htc.95
Date Bill Passed both Bodies:   19950510
Date of Last Amendment:         19950504
Governor's Action:              V
Date of Governor's Action:      19950612
Action on Governor's Veto:      O
Subject:                        Retirement, judges and
                                solicitors

Body    Date      Action Description                       Com     Leg Involved
______  ________  _______________________________________  _______ ____________

------  19950613  Act No. A63
House   19950613  Veto overridden
Senate  19950613  Veto overridden
Senate  19950613  Reconsidered vote whereby
                  the Governor's veto was sustained
Senate  19950613  Veto sustained
------  19950612  Vetoed by Governor
------  19950606  Ratified R102
House   19950510  Concurred in Senate amendment, 
                  enrolled for ratification
Senate  19950504  House amendments amended,
                  returned to House with amendment
House   19950427  Read third time, returned to Senate
                  with amendment
House   19950426  Amended, read second time
House   19950418  Committee report: Favorable with         30 HWM
                  amendment
House   19950222  Introduced, read first time,             30 HWM
                  referred to Committee
Senate  19950221  Read third time, sent to House
Senate  19950216  Read second time
Senate  19950215  Committee report: Favorable              06 SF
Senate  19950117  Introduced, read first time,             06 SF
                  referred to Committee

(A63, R102, S368)

AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 9-8-125 SO AS TO AUTHORIZE A MEMBER OF THE RETIREMENT SYSTEM FOR JUDGES AND SOLICITORS WHO IS AT LEAST SIXTY-FIVE YEARS OF AGE AND ELIGIBLE TO RECEIVE RETIREMENT BENEFITS FROM THE RETIREMENT SYSTEM FOR MEMBERS OF THE GENERAL ASSEMBLY BUT FOR THE MEMBER'S CURRENT EMPLOYMENT AS A JUDGE OR SOLICITOR TO ELECT TO RECEIVE THESE BENEFITS; AND BY ADDING SECTION 9-9-55 SO AS TO ALLOW A MEMBER OF THE GENERAL ASSEMBLY SERVING ANY PART OF A YEAR TO ESTABLISH CREDIT FOR THE FULL YEAR UNDER THE RETIREMENT SYSTEM FOR MEMBERS OF THE GENERAL ASSEMBLY BY PAYING THE FULL ACTUARIAL COST OF THE SERVICE.

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

Benefits allowed

SECTION 1. Chapter 8, Title 9 of the 1976 Code is amended by adding:

"Section 9-8-125. A member of the system who is at least sixty-five years of age and eligible to receive benefits pursuant to Chapter 9 of this title but for the member's current employment as a judge or solicitor may elect to receive retirement benefits from the Retirement System for members of the General Assembly by written notice to the board."

Full-year credit

SECTION 2. The 1976 Code is amended by adding:

"Section 9-9-55. Notwithstanding any other provision of law, any member of the General Assembly who served in the General Assembly any portion of a year may establish credit for the entire year by paying the full actuarial cost as determined by the Retirement System for members of the General Assembly."

Time effective

SECTION 3. This act takes effect upon approval by the Governor.

Vetoed by the Governor -- 6/12/95.

Veto overridden by Senate -- 6/13/95.

Veto overridden by House -- 6/13/95.