South Carolina General Assembly
125th Session, 2023-2024

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Indicates Matter Stricken
Indicates New Matter

S. 193

STATUS INFORMATION

General Bill
Sponsors: Senator Fanning
Document Path: LC-0091SA23.docx

Introduced in the Senate on January 10, 2023
Currently residing in the Senate Committee on Finance

Summary: Retirement system Opt Out

HISTORY OF LEGISLATIVE ACTIONS

Date Body Action Description with journal page number
11/30/2022 Senate Prefiled
11/30/2022 Senate Referred to Committee on Finance
1/10/2023 Senate Introduced and read first time (Senate Journal-page 101)
1/10/2023 Senate Referred to Committee on Finance (Senate Journal-page 101)

View the latest legislative information at the website

VERSIONS OF THIS BILL

12/01/2022



A bill

TO AMEND the south carolina code of laws by amending SECTION 9-1-510, RELATING TO CERTAIN EMPLOYEES BEING ABLE TO EXERCISE THE OPTION OF NOT BECOMING MEMBERS OF THE SOUTH CAROLINA RETIREMENT SYSTEM, SO AS TO ADD PART-TIME SCHOOL CAFETERIA WORKERS.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1.      Section 9-1-510 of the S.C. Code is amended to read:

   Section 9-1-510.   All employees and teachers having a monthly compensation from public funds of one hundred dollars or less, part-time school cafeteria workers, and members of the General Assembly may exercise the option within thirty days after entering upon the discharge of such duties not to become a member of the Systemsystem. Elected officials who are not fulltime employees and who earn nine thousand dollars annually, or less, may exercise an option not to become members of the system.

SECTION 2.   This act takes effect upon approval by the Governor.

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This web page was last updated on May 28, 2024 at 12:20 PM