Current Status Bill Number:3753 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:19950306 Primary Sponsor:P. Harris All Sponsors:P. Harris Drafted Document Number:JIC\5501HTC.95 Residing Body:House Current Committee:Ways and Means Committee 30 HWM Subject:Retirement for National Guard service
Body Date Action Description Com Leg Involved
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House 19950306 Introduced, read first time, 30 HWM
referred to Committee
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TO AMEND SECTION 9-9-50, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO ESTABLISHING CREDITED SERVICE IN THE RETIREMENT SYSTEM FOR MEMBERS OF THE GENERAL ASSEMBLY, SO AS TO ALLOW ACTIVE DUTY SERVICE IN THE SOUTH CAROLINA NATIONAL GUARD TO BE ESTABLISHED IN THE MANNER THAT MILITARY SERVICE MAY BE ESTABLISHED.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 9-9-50(4) of the 1976 Code is amended to read:
"(4) Any A member with two or more years of credited service shall receive additional credited service for the period of his military service, including actual time on active duty in the South Carolina National Guard, at the rate of one year of military service for each two years of his credited service excluding any period of credited military service, provided he was discharged or separated from the military service under conditions other than dishonorable, and if provided that he shall pay pays to the system, by a single payment prior to his retirement or death or by such other method of payment as may be prescribed from time to time by the board, all payments to the system he would have been required to make for the period to be so credited had he been employed in the position he held immediately prior to the commencement of his military leave during the period of such military service, together with the regular interest which would have been credited thereon from the date the contributions would have been made to the date of payment. In the case of a member whose military service was rendered prior to his before becoming a member of the General Assembly, such the payments by the member, as described in the foregoing sentence, shall must be determined on the basis of his earnable compensation at the time he first became a member of the system. Provided, however, no No member shall receive credit for more than six years of military service."
SECTION 2. This act takes effect upon approval by the Governor.