SC S1028 | 2017-2018 | 122nd General Assembly
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on February 20 2018 - 25% progression, died in committee
Action: 2018-02-20 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 20 2018 - 25% progression, died in committee
Action: 2018-02-20 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Provide That The Assumed Annual Rate Of Return On Investments Of The South Carolina Shared-risk Defined Benefit Plan May Not Exceed The Lesser Of Six Percent Or Three Hundred Basis Points Above The Three Year Average Of Twenty-year Treasury Yields; To Repeal Chapter 20, Title 9 Relating To The State Optional Retirement Program; And To Direct The Code Commissioner To Make Certain Changes.
Title
SC Shared Risk Defined Benefit Plan and SC Wealthbuilder-Primary Retirement Savings Plan
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2018-02-20 | Senate | Referred to Committee on Finance |
| 2018-02-20 | Senate | Introduced and read first time |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 9 | 1 | 1340 | (n/a) | See Bill Text |
| 9 | 1 | 310 | (n/a) | See Bill Text |
| 9 | 1 | 5 | (n/a) | See Bill Text |
| 9 | 11 | 40 | (n/a) | See Bill Text |
| 9 | 16 | 10 | (n/a) | See Bill Text |
| 9 | 16 | 335 | (n/a) | See Bill Text |
South Carolina State Sources
| Type | Source |
|---|---|
| Summary | https://www.scstatehouse.gov/billsearch.php?billnumbers=1028&session=122&summary=B |
| Text | https://www.scstatehouse.gov/sess122_2017-2018/prever/1028_20180220.htm |
