Bill > S0119

This bill amends the South Carolina Police Officer Retirement System by changing two key provisions for retired members who return to work. First, the bill increases the mandatory waiting period before a retired member can return to work from 30 to 90 consecutive calendar days. Second, the bill removes the previous $10,000 earnings limitation for retired members returning to work, with some exceptions. Those exceptions include members who retired before January 2, 2013, members who were 57 years old at retirement, and members serving in specific public offices appointed by the Governor, elected by the General Assembly, or elected by local qualified voters. If a retired member returns to work before the 90-day waiting period, their retirement allowance will be suspended while they are employed. The bill also maintains a provision that requires employers to notify the retirement system about a retired member's return to work and mandates that employers reimburse the system for any benefits incorrectly paid. The act will take effect upon the Governor's approval.

Budget and Finance

https://www.scstatehouse.gov/billsearch.php?billnumbers=119&session=126&summary=B