Bill Text: SC H4623 | 2013-2014 | 120th General Assembly | Introduced
Bill Title: SC Retirement
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2014-02-06 - Referred to Committee on Ways and Means [H4623 Detail]
Download: South_Carolina-2013-H4623-Introduced.html
A BILL
TO AMEND SECTION 9-11-90, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO RETURN TO EMPLOYMENT AFTER RETIREMENT, SO AS TO PROVIDE THAT THE TEN THOUSAND DOLLAR EARNINGS LIMITATION DOES NOT APPLY IF THE MEMBER IS HIRED BY CERTAIN MUNICIPALITIES DEPENDING ON POPULATION, OR CERTAIN COUNTIES DEPENDING ON BUDGET AMOUNTS, AND RETURNS TO EMPLOYMENT COVERED BY THE POLICE OFFICERS RETIREMENT SYSTEM.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 9-11-90(4)(a) of the 1976 Code, as last amended by Act 278 of 2012, is further amended by adding:
"(iii) The earnings limitation imposed pursuant to this item does not apply if the retired member of the system who has been retired for at least thirty consecutive calendar days returns to employment covered by this system as an employee of:
(A) a municipality that has a population of less than twenty-four thousand; or
(B) a county in which the sheriff's office has a personal services budget of less than eleven million dollars or the detention center has a personal services budget of less than three million dollars."
SECTION 2. This act takes effect upon approval by the Governor and applies to all members of the South Carolina Police Officers Retirement System regardless of the date of retirement.
