2019-2020 Bill 3184: Retirement system, amount earned upon ...



South Carolina General Assembly123rd Session, 2019-2020H. 3184STATUS INFORMATIONGeneral BillSponsors: Reps. Pendarvis, S.?Williams and BryantDocument Path: l:\council\bills\rt\17465sa19.docxCompanion/Similar bill(s): 256, 3185Introduced in the House on January 8, 2019Currently residing in the House Committee on Ways and MeansSummary: Retirement system, amount earned upon returning to employmentHISTORY OF LEGISLATIVE ACTIONSDateBodyAction Description with journal page number12/18/2018HousePrefiled12/18/2018HouseReferred to Committee on Ways and Means1/8/2019HouseIntroduced and read first time (House Journalpage?121)1/8/2019HouseReferred to Committee on Ways and Means (House Journalpage?121)2/12/2019HouseMember(s) request name added as sponsor: BryantView the latest legislative information at the websiteVERSIONS OF THIS BILL12/18/2018A BILLTO AMEND SECTION 911790, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE AMOUNT OF COMPENSATION THAT MAY BE EARNED UPON RETURNING TO COVERED EMPLOYMENT UNDER THE SOUTH CAROLINA RETIREMENT SYSTEM, SO AS TO EXEMPT CERTIFIED EDUCATORS FROM THE EARNINGS LIMITATION. Be it enacted by the General Assembly of the State of South Carolina:SECTION1.Section 911790(A)(2) of the 1976 Code is amended to read:“(2)The earnings limitation imposed pursuant to this item does not apply if the member meets at least one of the following qualifications:(a)the member retired before January 2, 2013;(b)the member has attained the age of sixtytwo years at retirement; or(c)compensation received by the retired member from the covered employer is for service in a public office filled by the appointment of the Governor and with confirmation by the Senate, by appointment or election by the General Assembly, or by election of the qualified electors of the applicable jurisdiction; or(d)the retired member is a certified educator.”SECTION2.This act takes effect upon approval by the Governor.XX ................
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