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Bill > H4971


SC H4971

SC H4971
SCRS and PORS earnings limitation


summary

Introduced
01/30/2024
In Committee
01/30/2024
Crossed Over
Passed
Dead
05/09/2024

Introduced Session

125th General Assembly

Bill Summary

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.

AI Summary

This bill amends sections of the South Carolina Code of Laws related to the South Carolina Retirement System (SCRS) and the Police Officers Retirement System (PORS) to remove the $10,000 earnings limitation on employees who retired before January 2, 2025 and have returned to covered employment. The change applies to members who retired before January 2, 2025, rather than the previous January 2, 2013 cutoff.

Committee Categories

Budget and Finance

Sponsors (42)

Robert Williams (D)* William Bailey (R),  Gary Brewer (R),  Jerry Carter (R),  Bill Clyburn (D),  Bobby Cox (R),  Brandon Cox (R),  April Cromer (R),  Cal Forrest (R),  Gil Gatch (R),  Daniel Gibson (R),  Doug Gilliam (R),  Val Guest (R),  Brandon Guffey (R),  Robert Harris (R),  Jackie Hayes (D),  Pat Henegan (D),  Lonnie Hosey (D),  Joseph Jefferson (D),  Jeff Johnson (R),  Brian Lawson (R),  Randy Ligon (R),  Josiah Magnuson (R),  Tim McGinnis (R),  J.A. Moore (D),  Travis Moore (R),  Dennis Moss (R),  Mike Neese (R),  Roger Nutt (R),  David O'Neal (R),  Melissa Oremus (R),  Jordan Pace (R),  Tommy Pope (R),  Michael Rivers (D),  Robby Robbins (R),  Carla Schuessler (R),  Heath Sessions (R),  Mark Smith (R),  Bill Taylor (R),  Ivory Thigpen (D),  Jay West (R),  Bill Whitmire (R), 

Last Action

Member(s) request name added as sponsor: Brewer (on 02/06/2024)

Bill Topics

Labor and Employment
  • ‐ Employee Benefits

bill text


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