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H 4955 - Deletes the earnings limitation under the Police Officers Retirement System for those returning to work after retirement to a covered employer

Tracking Level: Of Interest
Sponsor: Shedron Williams
Last Action: 1/16/2020 - House - Referred to Committee on Ways and Means
House Committee: WM
Assigned To:
PoliceNext Bill
RetirementNext Bill

Staff Analysis of the Legislation
Summary of the bill as introduced: Deletes the earnings limitation under the Police Officers Retirement System for those returning to work after retirement to a covered employer.

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Session 123 - (2019-2020)Printer Friendly
(pdf format)
H 4955 General Bill, By S. Williams, Garvin, King, McDaniel, Govan, Henegan and Rivers
Summary: Retirement benefits after returning to covered employment
    A BILL TO AMEND SECTION 9-1-1790, 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 AND ADMINISTRATORS, FIREFIGHTERS, AND INDIVIDUALS EMPLOYED BY A COUNTY FROM THE EARNINGS LIMITATION; AND TO AMEND SECTION 9-11-90, RELATING TO THE AMOUNT OF COMPENSATION THAT MAY BE EARNED UPON RETURNING TO COVERED EMPLOYMENT UNDER THE POLICE OFFICERS RETIREMENT SYSTEM, SO AS TO DELETE THE EARNINGS LIMITATION.
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01/16/20House Introduced and read first time (House Journal-page 397)
01/16/20House Referred to Committee on Ways and Means (House Journal-page 397)


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