Bill Text: SC H4971 | 2023-2024 | 125th General Assembly | Introduced

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Bill Title: SCRS and PORS earnings limitation

Spectrum: Moderate Partisan Bill (Republican 33-9)

Status: (Introduced) 2024-02-06 - Member(s) request name added as sponsor: Brewer [H4971 Detail]

Download: South_Carolina-2023-H4971-Introduced.html

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South Carolina General Assembly
125th Session, 2023-2024

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

A bill

TO AMEND the south carolina code of laws by amending SECTIONS 9-1-1790 AND 9-11-90, RELATING TO RETIREMENT BENEFITS AFTER RETURNING TO COVERED EMPLOYMENT UNDER THE SOUTH CAROLINA RETIREMENT SYSTEM AND THE POLICE OFFICERS RETIREMENT SYSTEM, RESPECTIVELY, SO AS TO REMOVE THE TEN THOUSAND DOLLAR EARNINGS LIMITATION ON EMPLOYEES RETURNING TO EMPLOYMENT WHO RETIRED BEFORE JANUARY 2, 2025.

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

SECTION 1.   Section 9-1-1790(A)(2)(a) of the S.C. Code is amended to read:

   (a) the member retired before January 2, 2013 2025;

SECTION 2.   Section 9-11-90(4)(a)(ii)(A) of the S.C. Code is amended to read:

   (A) the member retired before January 2, 2013 2025;

SECTION 3.   This act takes effect on July 1, 2023.

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This web page was last updated on January 30, 2024 at 01:32 PM