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TO AMEND SECTION 8-11-620(A)(1) OF THE 1976 CODE, RELATING TO LEAVE AND LUMP-SUM PAYMENTS UPON TERMINATION OF EMPLOYMENT, TO PROVIDE THAT ANY PUBLIC EMPLOYEE WHO IS TERMINATED WITHIN ONE YEAR OF FULL RETIREMENT SHALL HAVE FIVE DAYS AFTER TERMINATION TO PURCHASE THE REMAINING TIME.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 8-11-620(A)(1) of the 1976 Code is amended to read:
"Section 8-11-620. (A)(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 employee who is terminated within one year of retirement eligibility under each of the retirement systems contained in Title 9 shall have five business days after the date of termination to purchase his remaining service time in order to attain retirement eligibility."
SECTION 2. This act takes effect upon approval by the Governor.
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