Bill Text: SC H3143 | 2023-2024 | 125th General Assembly | Introduced
Bill Title: PORS Retirement Allowances
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2023-01-10 - Referred to Committee on Ways and Means [H3143 Detail]
Download: South_Carolina-2023-H3143-Introduced.html
South Carolina General Assembly
125th Session, 2023-2024
Bill 3143
Indicates Matter Stricken
Indicates New Matter
(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)
A bill
to amend the South Carolina Code of Laws by amending Section 9-11-80, relating to certain retirement allowances under the police officers retirement system, so as to provide that certain disability retirees are subject to certain earnings limitations.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1.Section 9-11-80(5) of the S.C. Code is amended to read:
(5)(A) For a disability retirement based upon an application received by the system before January 1, 2014, After after age fifty-five, a disability retiree is subject to the same earnings limitation as a service retiree.
(B) For a disability retirement based upon an application received by the system after December 31, 2013, a disability retiree is subject to the same earnings limitation as a service retiree upon the earlier of the date the retiree:
(i) attains age fifty-five; or
(ii) would have accrued twenty-five years of credited service had he not retired.
SECTION 2.This act takes effect upon approval by the Governor.
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This web page was last updated on December 08, 2022 at 05:15 PM
