S*0381(Rat #0217, Act #0202 of 2016)  General Bill, By Shealy, Bright, Turner, 
Johnson, Young, Jackson, Grooms, Sabb, Thurmond, Massey, Allen, Sheheen, Davis, 
Hembree, L. Martin, Bryant, Peeler, Alexander, Lourie, Cromer, Setzler and 
Scott
 AN ACT TO AMEND SECTION 8-11-620, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA,
 1976, RELATING TO LEAVE AND LUMP-SUM PAYMENTS UPON TERMINATION OF EMPLOYMENT,
 SO AS TO PROVIDE THAT CERTAIN ACTIVE MEMBERS OF THE SOUTH CAROLINA RETIREMENT
 SYSTEM (SCRS) OR THE SOUTH CAROLINA POLICE OFFICERS RETIREMENT SYSTEM (SCPORS)
 WHO ARE TERMINATED WITHIN ONE YEAR OF RETIREMENT ELIGIBILITY SHALL HAVE FIVE
 DAYS AFTER TERMINATION TO PURCHASE SERVICE CREDIT; TO AMEND SECTION 9-1-1140,
 AS AMENDED, RELATING TO ESTABLISHING SERVICE CREDIT IN THE SCRS, SO AS TO
 PROVIDE THAT AN ACTIVE MEMBER WHO IS TERMINATED FROM EMPLOYMENT WITHIN ONE
 YEAR OF RETIREMENT ELIGIBILITY MAY PURCHASE SERVICE CREDIT; AND TO AMEND
 SECTION 9-11-50, AS AMENDED, RELATING TO ESTABLISHING SERVICE CREDIT IN THE
 SCPORS, SO AS TO PROVIDE THAT AN ACTIVE MEMBER WHO IS TERMINATED FROM
 EMPLOYMENT WITHIN ONE YEAR OF RETIREMENT ELIGIBILITY MAY PURCHASE SERVICE
 CREDIT. - ratified title

   01/28/15  Senate Introduced and read first time (Senate Journal-page 22)
   01/28/15  Senate Referred to Committee on Finance
                     (Senate Journal-page 22)
   03/11/15  Senate Committee report: Favorable with amendment
                     Finance (Senate Journal-page 7)
   03/17/15  Senate Committee Amendment Adopted (Senate Journal-page 27)
   03/18/15  Senate Read second time (Senate Journal-page 21)
   03/18/15  Senate Roll call Ayes-45  Nays-0 (Senate Journal-page 21)
   03/19/15  Senate Read third time and sent to House
                     (Senate Journal-page 7)
   03/24/15  House  Introduced and read first time (House Journal-page 15)
   03/24/15  House  Referred to Committee on Ways and Means
                     (House Journal-page 15)
   05/19/16  House  Committee report: Favorable Ways and Means
                     (House Journal-page 104)
   05/25/16  House  Read second time (House Journal-page 27)
   05/25/16  House  Roll call Yeas-104  Nays-2 (House Journal-page 27)
   05/26/16  House  Read third time and enrolled (House Journal-page 9)
   06/02/16         Ratified R 217
   06/03/16         Signed By Governor
   06/09/16         Effective date 06/03/16
   06/09/16         Act No. 202

(A202, R217, S381)

AN ACT TO AMEND SECTION 8-11-620, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO LEAVE AND LUMP-SUM PAYMENTS UPON TERMINATION OF EMPLOYMENT, SO AS TO PROVIDE THAT CERTAIN ACTIVE MEMBERS OF THE SOUTH CAROLINA RETIREMENT SYSTEM (SCRS) OR THE SOUTH CAROLINA POLICE OFFICERS RETIREMENT SYSTEM (SCPORS) WHO ARE TERMINATED WITHIN ONE YEAR OF RETIREMENT ELIGIBILITY SHALL HAVE FIVE DAYS AFTER TERMINATION TO PURCHASE SERVICE CREDIT; TO AMEND SECTION 9-1-1140, AS AMENDED, RELATING TO ESTABLISHING SERVICE CREDIT IN THE SCRS, SO AS TO PROVIDE THAT AN ACTIVE MEMBER WHO IS TERMINATED FROM EMPLOYMENT WITHIN ONE YEAR OF RETIREMENT ELIGIBILITY MAY PURCHASE SERVICE CREDIT; AND TO AMEND SECTION 9-11-50, AS AMENDED, RELATING TO ESTABLISHING SERVICE CREDIT IN THE SCPORS, SO AS TO PROVIDE THAT AN ACTIVE MEMBER WHO IS TERMINATED FROM EMPLOYMENT WITHIN ONE YEAR OF RETIREMENT ELIGIBILITY MAY PURCHASE SERVICE CREDIT.

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

Purchase of service credit following termination of employment within one year of retirement eligibility

SECTION    1.    Section 8-11-620(A)(1) of the 1976 Code, as last amended by Act 153 of 2005, is further amended to read:

"(1)    Upon termination from state employment, an employee may take both annual leave and a lump-sum payment for unused leave, but this combination may not exceed forty-five days in a calendar year except as provided in Section 8-11-610. If an employee dies, the employee's legal representative is entitled to a lump-sum payment for the employee's unused leave, not to exceed forty-five working days, except as provided in Section 8-11-610. An active member of the South Carolina Retirement System or South Carolina Police Officers Retirement System who is terminated within one year of retirement eligibility shall have five business days after the date of termination to purchase any service credit that the member is otherwise eligible to purchase as provided in Section 9-1-1140 or Section 9-11-50 in order to attain retirement eligibility."

Purchase of service credit by an active member of the South Carolina Retirement System who is terminated from employment within one year of retirement eligibility

SECTION    2.    Section 9-1-1140 of the 1976 Code, as last amended by Act 278 of 2012, is further amended by adding a subsection at the end to read:

"(O)    An active member who is terminated within one year of retirement eligibility shall have five business days after the date of termination to purchase any service credit that the member is otherwise eligible to purchase under this section."

Purchase of service credit by an active member of the South Carolina Police Officers Retirement System who is terminated from employment within one year of retirement eligibility

SECTION    3.    Section 9-11-50 of the 1976 Code, as last amended by Act 278 of 2012, is further amended by adding a subsection at the end to read:

"(O)    An active member who is terminated within one year of retirement eligibility shall have five business days after the date of termination to purchase any service credit that the member is otherwise eligible to purchase under this section."

Time effective

SECTION    4.    This act takes effect upon approval by the Governor.

Ratified the 2nd day of June, 2016.

Approved the 3rd day of June, 2016.