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Bill 3192

                    Current Status

Bill Number:                      3192
Type of Legislation:              General Bill GB
Introducing Body:                 House
Introduced Date:                  19990112
Primary Sponsor:                  Cobb-Hunter
All Sponsors:                     Cobb-Hunter, McGee
Drafted Document Number:          l:\council\bills\gjk\20085sd99.doc
Companion Bill Number:            396
Residing Body:                    House
Current Committee:                Ways and Means Committee 30 HWM
Subject:                          Retirement Systems and Pensions, teacher 
                                  retiree not limited on amount of earnings, 
                                  when; School districts


                        History

Body    Date      Action Description                     Com     Leg Involved
______  ________  ______________________________________ _______ ____________
House   19990114  Co-Sponsor added (Rule 5.2) by Rep.            McGee
House   19990112  Introduced, read first time,           30 HWM
                  referred to Committee
House   19990106  Prefiled, referred to Committee        30 HWM


                             Versions of This Bill

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 9-1-1605 SO AS TO PROVIDE THAT THE LIMITATION ON THE AMOUNT OF EARNINGS IN A FISCAL YEAR A RETIREE MAY RECEIVE FROM A COVERED EMPLOYER UNDER THE STATE RETIREMENT SYSTEM WITHOUT THE LOSS OF RETIREMENT BENEFITS DOES NOT APPLY TO THE EARNINGS OF A RETIRED TEACHER UNDER CERTAIN CONDITIONS.

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

SECTION 1. The 1976 Code is amended by adding:

"Section 9-1-1605. (A) Notwithstanding any other provision of law, the limitation on the amount of earnings in any fiscal year a retiree may receive from a covered employer under the State Retirement System without the loss of retirement benefits does not apply to the earnings a retired teacher who is certified to teach in South Carolina receives if:

(1) teaching in critical need subject areas, critical need school districts, or critical rural schools as defined by the State Department of Education; or

(2) teaching in an impaired school or in a school or school district which currently is rated as 'unsatisfactory' or 'below average' under the Education Accountability Act of 1998.

(B) The provisions of this section are supplemental and in addition to the provisions of Section 9-1-1600."

SECTION 2. This act takes effect upon approval by the Governor.

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