Current Status Bill Number:368 Ratification Number:102 Act Number:63 Type of Legislation:General Bill GB Introducing Body:Senate Introduced Date:19950117 Primary Sponsor:Land All Sponsors:Land Drafted Document Number:jic\5269htc.95 Date Bill Passed both Bodies:19950510 Date of Last Amendment:19950504 Governor's Action:V Date of Governor's Action:19950612 Action on Governor's Veto:O Subject:Retirement, judges and solicitors
Body Date Action Description Com Leg Involved ______ ________ _______________________________________ _______ ____________ ------ 19950613 Act No. A63 House 19950613 Veto overridden Senate 19950613 Veto overridden Senate 19950613 Reconsidered vote whereby the Governor's veto was sustained Senate 19950613 Veto sustained ------ 19950612 Vetoed by Governor ------ 19950606 Ratified R102 House 19950510 Concurred in Senate amendment, enrolled for ratification Senate 19950504 House amendments amended, returned to House with amendment House 19950427 Read third time, returned to Senate with amendment House 19950426 Amended, read second time House 19950418 Committee report: Favorable with 30 HWM amendment House 19950222 Introduced, read first time, 30 HWM referred to Committee Senate 19950221 Read third time, sent to House Senate 19950216 Read second time Senate 19950215 Committee report: Favorable 06 SF Senate 19950117 Introduced, read first time, 06 SF referred to CommitteeView additional legislative information at the LPITS web site.
(A63, R102, S368)
AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 9-8-125 SO AS TO AUTHORIZE A MEMBER OF THE RETIREMENT SYSTEM FOR JUDGES AND SOLICITORS WHO IS AT LEAST SIXTY-FIVE YEARS OF AGE AND ELIGIBLE TO RECEIVE RETIREMENT BENEFITS FROM THE RETIREMENT SYSTEM FOR MEMBERS OF THE GENERAL ASSEMBLY BUT FOR THE MEMBER'S CURRENT EMPLOYMENT AS A JUDGE OR SOLICITOR TO ELECT TO RECEIVE THESE BENEFITS; AND BY ADDING SECTION 9-9-55 SO AS TO ALLOW A MEMBER OF THE GENERAL ASSEMBLY SERVING ANY PART OF A YEAR TO ESTABLISH CREDIT FOR THE FULL YEAR UNDER THE RETIREMENT SYSTEM FOR MEMBERS OF THE GENERAL ASSEMBLY BY PAYING THE FULL ACTUARIAL COST OF THE SERVICE.
Be it enacted by the General Assembly of the State of South Carolina:
Benefits allowed
SECTION 1. Chapter 8, Title 9 of the 1976 Code is amended by adding:
"Section 9-8-125. A member of the system who is at least sixty-five years of age and eligible to receive benefits pursuant to Chapter 9 of this title but for the member's current employment as a judge or solicitor may elect to receive retirement benefits from the Retirement System for members of the General Assembly by written notice to the board."
Full-year credit
SECTION 2. The 1976 Code is amended by adding:
"Section 9-9-55. Notwithstanding any other provision of law, any member of the General Assembly who served in the General Assembly any portion of a year may establish credit for the entire year by paying the full actuarial cost as determined by the Retirement System for members of the General Assembly."
Time effective
SECTION 3. This act takes effect upon approval by the Governor.
Vetoed by the Governor -- 6/12/95.
Veto overridden by Senate -- 6/13/95.
Veto overridden by House -- 6/13/95.