Staff Analysis of the Legislation
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Summary of the bill as introduced: Increases the earnings limitation for individuals returning to work for covered employers in the SC Retirement System from $10,000 to $40,000. |
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H 4676 General Bill, By Gilliam, Ridgeway, McCravy, Burns, Martin, Wooten, Magnuson, Davis, Felder, Hosey, Oremus, Taylor, Wheeler and Hayes
Similar ( H 4677) Summary: Retirement system A BILL TO AMEND SECTIONS 9-1-1790 AND 9-11-90, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE EARNINGS LIMITATION UPON RETURN TO COVERED EMPLOYMENT IN THE SOUTH CAROLINA RETIREMENT SYSTEM AND THE SOUTH CAROLINA POLICE OFFICERS RETIREMENT SYSTEM RESPECTIVELY, SO AS TO INCREASE THE AMOUNT THAT MAY BE EARNED WITHOUT AFFECTING THE MONTHLY RETIREMENT ALLOWANCE FROM TEN THOUSAND DOLLARS TO FORTY THOUSAND DOLLARS. View full text11/20/19 | House | Prefiled | 11/20/19 | House | Referred to Committee on Ways and Means | 01/14/20 | House | Introduced and read first time (House Journal-page 64) | 01/14/20 | House | Referred to Committee on Ways and Means (House Journal-page 64) | 01/15/20 | House | Member(s) request name added as sponsor: Wheeler | 01/22/20 | House | Member(s) request name added as sponsor: Hayes |
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