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S 1028 - Closes the SC Retirement System

Tracking Level: Of Interest
Sponsor: Sean Bennett (R)
Last Action: 2/20/2018 - Referred to Committee on Finance
Senate Committee: Fin

Staff Analysis of the Legislation

Summary of the bill as introduced: Closes the SC Retirement System and establishes the SC Shared-Risk Defined Benefit Plan and the SC Wealthbuilder-Primary Retirement Savings Plan.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

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Municipal Association of South Carolina
1411 Gervais St., PO Box 12109, Columbia, SC 29211
Phone: 803.799.9574, Fax: 803.933.1299, mail@masc.sc