H 4971 Session 125 (2023-2024) H 4971 General Bill, By Williams, Robbins, B.J. Cox, Rivers, M.M. Smith, Bailey, Clyburn, J.E. Johnson, Taylor, Thigpen, Whitmire, Jefferson, Pope, Ligon, O'Neal, Guffey, Sessions, McGinnis, B.L. Cox, Pace, Hosey, Gilliam, Carter, Oremus, West, Cromer, Neese, Guest, Lawson, T. Moore, Nutt, Schuessler, Forrest, Gatch, Gibson, Harris, Hayes, Henegan, Magnuson, J. Moore, Moss and Brewer 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. 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. ----XX---- |