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H. 5178
STATUS INFORMATION
General Bill
Sponsors: Rep. Finlay
Document Path: l:\council\bills\dka\3160sa18.docx
Companion/Similar bill(s): 822, 4930
Introduced in the House on March 22, 2018
Currently residing in the House Committee on Ways and Means
Summary: Retirement system
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 3/22/2018 House Introduced and read first time (House Journal-page 60) 3/22/2018 House Referred to Committee on Ways and Means (House Journal-page 60)
View the latest legislative information at the website
VERSIONS OF THIS BILL
TO AMEND SECTION 9-1-1790, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE AMOUNT OF COMPENSATION THAT MAY BE EARNED UPON RETURNING TO COVERED EMPLOYMENT IN THE SOUTH CAROLINA RETIREMENT SYSTEM, SO AS TO PROVIDE THAT THE EARNINGS LIMITATION DOES NOT APPLY TO A MEMBER WHO RETIRED BEFORE NOVEMBER 1, 2017; AND TO AMEND SECTION 9-11-90, RELATING TO THE AMOUNT OF COMPENSATION THAT MAY BE EARNED UPON RETURNING TO COVERED EMPLOYMENT IN THE POLICE OFFICERS RETIREMENT SYSTEM, SO AS TO PROVIDE THAT THE EARNINGS LIMITATION DOES NOT APPLY TO A MEMBER WHO RETIRED BEFORE DECEMBER 31, 2017.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 9-1-1790(A)(2)(a) of the 1976 Code is amended to read:
"(a) the member retired before January 2, 2013 November 1, 2017;"
SECTION 2. Section 9-11-90(4)(a)(ii)(A) of the 1976 Code is amended to read:
"(A) the member retired before January 2, 2013 December 31, 2017;"
SECTION 3. This act takes effect upon approval by the Governor.
This web page was last updated on
April 3, 2018 at 3:22 PM