Staff Analysis of the Legislation
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Summary of the bill as introduced: Increases the earnings cap for covered retirees in the state retirement system who are returning to work from $10,000 to $50,000. |
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H 3032 General Bill, By Gilliam, Atkinson, McCravy, Fry, Daning, V.S. Moss, Cobb-Hunter, Long, Pope, Caskey, Yow, McGarry, Huggins and T. Moore
Similar ( S 0328, H 3557, H 3595, H 4918) Summary: Retirement system, earning limitations upon return to work to covered employment in SCRS and SCPORS 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 FIFTY THOUSAND DOLLARS. View full text| 12/09/20 | House | Prefiled | | 12/09/20 | House | Referred to Committee on Ways and Means | | 01/12/21 | House | Introduced and read first time (House Journal-page 43) | | 01/12/21 | House | Referred to Committee on Ways and Means (House Journal-page 43) | | 01/13/21 | House | Member(s) request name added as sponsor: Caskey | | 02/03/21 | House | Member(s) request name added as sponsor: Yow | | 02/09/21 | House | Member(s) request name added as sponsor: McGarry | | 03/02/21 | House | Member(s) request name added as sponsor: Huggins, T.Moore |
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