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Current Status Bill Number:View additional legislative information at the LPITS web site.274 Type of Legislation:General Bill GB Introducing Body:Senate Introduced Date:20010206 Primary Sponsor:Wilson All Sponsors:Wilson Drafted Document Number:l:\council\bills\bbm\9830htc01.doc Residing Body:Senate Current Committee:Finance Committee 06 SF Subject:Retirement Systems and Pensions, S.C., Police Officers; masters-in-equity may participate in either; Courts History Body Date Action Description Com Leg Involved ______ ________ ______________________________________ _______ ____________ Senate 20010206 Introduced, read first time, 06 SF referred to Committee Versions of This Bill
TO AMEND SECTION 9-11-25, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE OPTIONS ALLOWING PROBATE JUDGES TO PARTICIPATE IN EITHER THE SOUTH CAROLINA POLICE OFFICERS RETIREMENT SYSTEM OR THE SOUTH CAROLINA RETIREMENT SYSTEM, SO AS TO EXTEND A SIMILAR OPTION TO MASTERS-IN-EQUITY.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 9-11-25 of the 1976 Code, as amended by Act 336 of 1992, is further amended by adding a paragraph at the end to read:
"Masters-in-equity may elect to participate in either the retirement system established pursuant to this chapter or the South Carolina Retirement System established pursuant to Chapter 1 of this title."
SECTION 2. This act takes effect upon approval by the Governor.
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