South Carolina General Assembly
115th Session, 2003-2004

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Bill 194

Indicates Matter Stricken
Indicates New Matter

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

Indicates Matter Stricken

Indicates New Matter

COMMITTEE REPORT

May 28, 2003

S. 194

Introduced by Senator McGill

S. Printed 5/28/03--S.    [SEC 5/29/03 3:27 PM]

Read the first time January 16, 2003.

            

THE COMMITTEE ON FINANCE

To whom was referred a Bill (S. 194) to amend Section 9-1-10, as amended, Code of Laws of South Carolina, 1976, relating to definitions for purposes of the South Carolina Retirement System, etc., respectfully

REPORT:

That they have duly and carefully considered the same and recommend that the same do pass:

HUGH K. LEATHERMAN, SR. for Committee.

            

STATEMENT OF ESTIMATED FISCAL IMPACT

ESTIMATED FISCAL IMPACT ON GENERAL FUND EXPENDITURES:

See Below

ESTIMATED FISCAL IMPACT ON FEDERAL & OTHER FUND EXPENDITURES:

See Below

EXPLANATION OF IMPACT:

The State Retirement System indicates there would be no adverse impact associated with this bill. Enactment would have an impact on the affected agencies to the extent they would incur additional expenses associated with the employer's contributions to the State Retirement System. Employer contribution is approximately 10.7% of an individual's salary. The number of qualifying individuals is unknown.

Approved By:

Don Addy

Office of State Budget

A BILL

TO AMEND SECTION 9-1-10, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO DEFINITIONS FOR PURPOSES OF THE SOUTH CAROLINA RETIREMENT SYSTEM, SO AS TO DELETE FROM THE DEFINITION OF "EMPLOYEE" THE EXCLUSION FROM COLLEGE WORK-STUDY STUDENTS AND GRADUATE ASSISTANTS.

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

SECTION    1.    The last paragraph of Section 9-1-10(11), as last amended by Act 387 of 2000, is further amended to read:

"'Employee' does not include supreme and circuit court judges or any person employed by a school, college, or university at which the person is enrolled as a student or otherwise regularly attending classes for academic credit unless the person is employed as a school bus driver and is paid by the same school district in which the person is enrolled in school. In determining student status, the system may consider the guidelines of the Social Security Administration regarding student services and other criteria the system uniformly prescribes."

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

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