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 7     SECTION 63F - F29 - BUDGET AND CONTROL BOARD,
 8     RETIREMENT DIVISION
 9
10          63F.1.    (BCB/RET: Authorization to Pay For Data Processing Services)  The Retirement System is authorized to pay the Budget &
11     Control Board - Division of Executive Director from funds appropriated to contractual services a charge for data processing services.  The
12     cost will be determined on an hourly basis and shall not exceed the sum of $600,000.
13          63F.2.    (BCB/RET: Retirement Benefits Limits Increase)  Notwithstanding any other provision of law, except as provided below,
14     retirees and beneficiaries under the State Retirement Systems receiving Medicaid (Title XIX) sponsored nursing home care as of June 30,
15     of the prior fiscal year shall receive no increase in retirement benefits during the current fiscal year.  However, a retired employee affected
16     by the above prohibition may receive the scheduled increase if he is discharged from the nursing home and does not require admission to a
17     hospital or nursing home within six months.  The Department of Health & Human Services, the Department of Social Services, and the
18     State Retirement Systems must share the information needed to implement this proviso.
19          63F.3.    (BCB/RET: Retirement Contributions - Monthly Transfers)  Notwithstanding the amounts appropriated in Subsection 63F of
20     this Section as "State Employer Contributions," the State Treasurer and Comptroller General are hereby authorized and directed to transfer
21     from the General Fund of the State to the proper Retirement System Accounts, month by month, during the current fiscal year, such funds
22     as are necessary to comply with the terms of the Retirement Act as amended, with respect to contributions by the State of South Carolina to
23     the Retirement System.
24          63F.4.    (BCB/RET: Temporary Scientific Consultative Employment)  Any teacher or employee especially skilled in scientific
25     knowledge and attainment may be temporarily employed by any part of the government or any agency thereof in a consultative capacity on
26     a per diem compensation without such temporary consultative employment in any way affecting, reducing or canceling his retirement
27     benefits but such temporary consultative employment shall not exceed six months in any one year.
28          63F.5.    (BCB/RET: Deferred Compensation Additional Optional Mutual Fund Selection)  The Deferred Compensation Commission
29     is directed to study and implement, where feasible, additional optional mutual fund selections ranging from low risk to very aggressive
30     funds for the deferred compensation plan.