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S 0952 - Prevents retirees from paying into SCRS after returning to covered employment

Tracking Level: Of Interest
Sponsor: Harvey S. Peeler, Jr. (R)
Last Action: 1/21/2014 - Senate - Referred to Committee on Finance
Senate Committee:
Assigned To:
RetirementNext Bill

Staff Analysis of the Legislation


02.25.2014 The Senate Finance Retirement and Employee Benefits subcommittee carried this bill over.
Summary of the bill as introduced: Removes the employee contribution requirement to be paid to SCRS by an SCRS retiree who returns to covered employment if the member's otherwise required total monthly contribution exceeds the member's monthly SCRS retirement benefit.

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