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H 3620 -
Removes the state retirement systems' $10,000 earnings limitation on return-to-work retirees who retired before January 2, 2019
Tracking Level:
Of Interest
Sponsor:
Thomas Pope
(R)
Last Action:
4/3/2019 - Scrivener's error corrected
House Committee:
WM
Senate Committee:
Fin
Assigned To:
Retirement
Next Bill
Staff Analysis of the Legislation
05.02.2019
The Senate Finance Retirement Systems subcommittee gave this bill a favorable report as amended. The amendment extends the break in service requirement from one year to two years before returning to work without an earnings cap.
04.10.2019
The Senate Finance Retirement Systems subcommittee carried this bill over.
03.26.2019
The House Ways and Means Committee gave this bill a favorable report as amended by the subcommittee.
03.26.2019
The House Ways and Means General Government subcommittee gave this bill a favorable report as amended. The amendment strikes the current language in the bill and adds a required 12-month break in service before returning to work with the earnings cap. The amendment also gives PEBA the authority to review return-to-work retirees for fraud.
Summary of the bill as introduced
: Removes the state retirement systems' $10,000 earnings limitation on employees returning to covered employment who retired before January 2, 2019.
Bill Summary from the State Site -
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Session 123 - (2019-2020)
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H 3620 General Bill, By
Pope
,
Tallon
,
Bryant
,
Bailey
,
Johnson
,
Forrest
,
Clary
,
Caskey
,
B. Cox
,
Elliott
,
Gilliam
,
Wooten
,
Davis
,
Taylor
,
Cobb-Hunter
,
Rivers
,
R. Williams
,
Jefferson
and
Weeks
Similar (
H 4249
)
Summary:
Retirement benefits after returning to covered employment
A BILL TO AMEND SECTIONS 9-1-1790 AND 9-11-90, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO RETIREMENT BENEFITS AFTER RETURNING TO COVERED EMPLOYMENT UNDER THE SOUTH CAROLINA RETIREMENT SYSTEM AND THE POLICE OFFICERS RETIREMENT SYSTEM, RESPECTIVELY, SO AS TO REMOVE THE TEN THOUSAND DOLLAR EARNINGS LIMITATION ON EMPLOYEES RETURNING TO EMPLOYMENT WHO RETIRED BEFORE JANUARY 2, 2019.
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View Vote History
View Fiscal Impact
01/16/19
House
Introduced and read first time (
House Journal-page 23
)
01/16/19
House
Referred to Committee on Ways and Means (
House Journal-page 23
)
01/24/19
House
Member(s) request name added as sponsor: Davis
03/26/19
House
Member(s) request name added as sponsor: Taylor, Cobb-Hunter
03/27/19
House
Committee report: Favorable with amendment Ways and Means (
House Journal-page 35
)
04/02/19
House
Member(s) request name added as sponsor: Rivers, R.Williams, Jefferson, Weeks
04/02/19
House
Amended (
House Journal-page 46
)
04/02/19
House
Read second time (
House Journal-page 46
)
04/02/19
House
Roll call
Yeas-110 Nays-0
(
House Journal-page 50
)
04/03/19
House
Read third time and sent to Senate (
House Journal-page 22
)
04/03/19
Senate
Introduced and read first time (
Senate Journal-page 9
)
04/03/19
Senate
Referred to Committee on Finance (
Senate Journal-page 9
)
04/03/19
Scrivener's error corrected
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