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TO PROVIDE THE EARNINGS LIMITATION OF TEN THOUSAND DOLLARS FOR RETIRED MEMBERS OF THE SOUTH CAROLINA RETIREMENT SYSTEM AND ANY OTHER SYSTEM DOES NOT APPLY TO CERTAIN MEMBERS WHO WERE PARTICIPANTS OF THE TEACHER AND EMPLOYEE RETENTION INCENTIVE PROGRAM AS OF OCTOBER 31, 2017, AND TO PROVIDE THAT THE PROVISIONS OF THIS JOINT RESOLUTION REMAIN IN EFFECT UNTIL JUNE 30, 2023.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Notwithstanding the provisions of Section 9-1-1790(A) regarding the earnings limitation for a retired member of the system or any other system provided in Title 9, a member who was a participant of the Teacher and Employee Retention Incentive Program pursuant to Section 9-1-2210 as of October 31, 2017, and the compensation received by the retired member is from a covered school district for employment in a school as an educator, may return to employment covered by the system and is not subject to the earnings limitation of ten thousand dollars in a calendar year. For purposes of the item, 'educator' is defined as the school-level positions included in the Department of Education's Professional Certified Staff (PCS) system and published by the department. The provisions of this joint resolution remain in effect until June 30, 2023.
SECTION 2. This joint resolution takes effect upon approval by the Governor.
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