SC H5000 | 2017-2018 | 122nd General Assembly

Status

Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on February 22 2018 - 25% progression, died in chamber
Action: 2018-05-01 - Recommitted to Committee on Ways and Means
Text: Latest bill text (Amended) [HTML]

Summary

Rename The Program The "defined Contribution Primary Retirement Plan" (dcprp), To Provide For A Default Vendor And Investment Option, To Provide Selection Criteria For Vendors, To Provide Responsibilities For Vendors, To Provide For The Length Of Vendor Contracts, To Provide For The Number Of Vendors That The Public Employee Benefit Authority May Contract With, To Provide That At Least One Vendor Offers Fixed Rate And Variable Annuities, To Provide That A Member May Not Borrow Against His Dcprp, To Provide For Vesting Requirements, To Provide For Employer And Employee Contribution Rates, To Provide That Certain Education Must Be Offered To Members, And To Provide That A Class Two Or Class Three Member May Choose To Become A Class Four Member.

Tracking Information

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Title

Retirement

Sponsors


Roll Calls

2018-05-01 - House - House: Table Motion To Recommit (Y: 13 N: 90 NV: 6 Abs: 14) [FAIL]

History

DateChamberAction
2018-05-01HouseRecommitted to Committee on Ways and Means
2018-04-26HouseDebate adjourned until Tues., 5-1-18
2018-04-20 Scrivener's error corrected
2018-04-19HouseRecalled from Committee on Ways and Means
2018-02-22HouseReferred to Committee on Ways and Means
2018-02-22HouseIntroduced and read first time

Code Citations

ChapterArticleSectionCitation TypeStatute Text
9110(n/a)See Bill Text
911790(n/a)See Bill Text

South Carolina State Sources


Bill Comments

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