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Bill 3201

                    Current Status

Bill Number:                      3201
Type of Legislation:              General Bill GB
Introducing Body:                 House
Introduced Date:                  19990112
Primary Sponsor:                  Bailey
All Sponsors:                     Bailey, Jennings, Harris, Hayes
Drafted Document Number:          l:\council\bills\nbd\11003htc99.doc
Residing Body:                    House
Current Committee:                Ways and Means Committee 30 HWM
Subject:                          Judges and Solicitors Retirement System, 
                                  service credit for active military service; 
                                  establishment of deleted


                        History

Body    Date      Action Description                     Com     Leg Involved
______  ________  ______________________________________ _______ ____________
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 SECTION 9-8-50, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO CREDITED SERVICE FOR THE PURPOSE OF THE RETIREMENT SYSTEM FOR JUDGES AND SOLICITORS, SO AS TO REVISE THE DATE AFTER WHICH SERVICE CREDIT MAY NOT BE ESTABLISHED IN THAT RETIREMENT SYSTEM FOR ACTIVE MILITARY SERVICE.

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

SECTION 1. Section 9-8-50(3) of the 1976 Code is amended to read:

"(3) Any A member with two or more years of credited service shall receive additional credited service for the period of his active military service, at the rate of one year of military service for each two years of his credited service excluding any period of credited military service, if he was discharged or separated from the military service under conditions other than dishonorable, and pays to the system, by a single payment prior to before his retirement or death or by such other method as may be prescribed from time to time by the board, all payments to the system he would have been required to make for the period to be credited had he been employed in the position he held immediately prior to before the commencement of his military leave during the period of such military service, together with the regular interest which would have been credited thereon from the date the contributions would have been made to the date of payment. In the case of a member whose military service was rendered prior to before his becoming a member of the system, such payments shall must be determined on the basis of what a member in the position contributed for the same period of time plus interest. No member shall receive credit for more than six years of military service and such duty performed subsequent to July 1, 1974, after 1977 shall is not be creditable."

SECTION 2. This act takes effect upon approval by the Governor and applies with respect to active military service established in the Retirement System for Judges and Solicitors on and after that date.

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