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Session 125 (2023-2024) Bill Number H 5230 - Amendment Number 1 Considered 11-OCT-2024 |
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The Committee on Ways and Means proposes the following amendment (LC-5230.SA0005H):
Amend the bill, as and if amended, SECTION 2, Section 9-8-40(1), by adding an item to read:
(b) All full-time masters-in-equity on July 1, 2024, who have not retired may elect to become a member of the system. Masters-in-equity making that election may transfer prior service into the system as provided in Section 9-8-50, and to the extent the service thus transferred occurred after the member took office as a master-in-equity, that service is deemed earned service in the system.Amend the bill further, by adding an appropriately numbered SECTION to read:
SECTION X. Section 9-8-10(16) of the S.C. Code is amended to read: