South Carolina General Assembly
125th Session, 2023-2024
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Indicates Matter Stricken
Indicates New Matter
S. 1168
STATUS INFORMATION
General Bill
Sponsors: Senator Gambrell
Document Path: LC-0556SA24.docx
Introduced in the Senate on March 14, 2024
Finance
HISTORY OF LEGISLATIVE ACTIONS
Date | Body | Action Description with journal page number |
---|---|---|
3/14/2024 | Senate | Introduced and read first time (Senate Journal-page 6) |
3/14/2024 | Senate | Referred to Committee on Finance (Senate Journal-page 6) |
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VERSIONS OF THIS BILL
A bill
TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 9-11-28 SO AS TO PROVIDE THAT A COUNCIL OF A MUNICIPALITY MAY ALLOW A MUNICIPAL COURT JUDGE TO PARTICIPATE IN THE POLICE OFFICERS RETIREMENT SYSTEM.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 1, Chapter 11, Title 9 of the S.C. Code is amended by adding:
Section 9-11-28. (A) After December 31, 2024, a council of a municipality may allow a municipal court judge to participate in the Police Officers Retirement System or may elect for the municipal court judge to remain in the South Carolina Retirement System.
(B) From July 1, 2024, to January 1, 2025, a municipal judge who elects to transfer credited service received under the South Carolina Retirement System to the South Carolina Police Officers Retirement System may do so upon payment of the accumulated employer and employee contributions and interest in the South Carolina Retirement System plus five percent of his annual salary in effect as of June 30, 2024, for each year of service prorated for periods of less than a year. After January 1, 2025, a municipal judge may elect to transfer credited service received under the South Carolina Retirement System to the South Carolina Police Officers Retirement System as provided in Section 9-11-40(9).
SECTION 2. This act takes effect upon approval by the Governor.
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This web page was last updated on March 14, 2024 at 11:29 AM