Bill Text: SC S1168 | 2023-2024 | 125th General Assembly | Introduced
Bill Title: Municipal Court Judges retirement
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2024-03-14 - Referred to Committee on Finance [S1168 Detail]
Download: South_Carolina-2023-S1168-Introduced.html
South Carolina General Assembly
125th Session, 2023-2024
Bill 1168
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 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