Current Status Bill Number:474 Type of Legislation:General Bill GB Introducing Body:Senate Introduced Date:19970304 Primary Sponsor:Reese All Sponsors:Reese Drafted Document Number:jic\5395htc.97 Residing Body:Senate Current Committee:Finance Committee 06 SF Subject:Retirement System, to allow ninety days of member unused sick leave to qualify for service retirement, Public Officers
Body Date Action Description Com Leg Involved ______ ________ _______________________________________ _______ ____________ Senate 19970304 Introduced, read first time, 06 SF referred to CommitteeView additional legislative information at the LPITS web site.
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 ALLOW UP TO NINETY DAYS OF A MEMBER'S UNUSED SICK LEAVE TO BE USED TO QUALIFY FOR THE CREDITED SERVICE REQUIREMENTS FOR SERVICE RETIREMENT.
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 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.