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H. 3368
STATUS INFORMATION
General Bill
Sponsors: Rep. Harrison
Document Path: l:\council\bills\bbm\9111htc09.docx
Companion/Similar bill(s): 4661
Introduced in the House on January 28, 2009
Currently residing in the House Committee on Ways and Means
Summary: South Carolina Retirement System
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 1/28/2009 House Introduced and read first time HJ-15 1/28/2009 House Referred to Committee on Ways and Means HJ-15
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
TO AMEND SECTION 9-8-60, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO RETIREMENT, RETIREMENT ALLOWANCE, DISABILITY, AND BENEFICIARIES OF OTHER RETIREMENT SYSTEMS FOR PURPOSES OF THE RETIREMENT SYSTEM FOR JUDGES AND SOLICITORS, SO AS TO ALLOW A RETIREE OF THAT SYSTEM TO RECEIVE A RETIREMENT ALLOWANCE FROM IT WHILE SERVING IN STATEWIDE OFFICE AND PROVIDE THAT THIS PERSON DOES NOT BECOME A MEMBER OF, DOES NOT CONTRIBUTE TO, AND DOES NOT ACCRUE SERVICE CREDIT IN THE SOUTH CAROLINA RETIREMENT SYSTEM OR SOUTH CAROLINA POLICE OFFICERS RETIREMENT SYSTEM AS A RESULT OF SERVICE IN THAT STATEWIDE OFFICE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. The first undesignated paragraph of Section 9-8-60(1) of the 1976 Code, as last amended by Act 108 of 2007, is further amended to read:
"A person is not eligible to receive a retirement allowance under this system while under employment covered by the South Carolina Retirement System (SCRS) and the South Carolina Police Officers Retirement System (SCPORS) except as provided in Section 9-8-65. However, a person receiving retirement allowances under this system who is serving in a statewide office as defined in Section 8-13-1300(29), continues to receive the retirement allowances while serving in that statewide office, but that person does not become a member of, does not contribute to, and does not accrue service credit in SCRS or SCPORS as a result of that service."
SECTION 2. This act takes effect upon approval by the Governor.
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