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H 4971 - Removes the $10,000 earning limitation on retired employees returning to work who retired before January 2, 2025

Tracking Level: Of Interest
Sponsor: Robert Williams (D)
Last Action: 2/6/2024 - House - Member(s) request name added as sponsor: Brewer
House Committee: WM
Assigned To:
RetirementNext Bill

Staff Analysis of the Legislation

Summary of the bill as introduced: Removes the $10,000 earning limitation on retired employees returning to work who retired before January 2, 2025

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Session 125 - (2023-2024)Printer Friendly
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H 4971 General Bill, By Williams, Robbins, B.J. Cox, Rivers, M.M. Smith, Bailey, Clyburn, J.E. Johnson, Taylor, Thigpen, Whitmire, Jefferson, Pope, Ligon, O'Neal, Guffey, Sessions, McGinnis, B.L. Cox, Pace, Hosey, Gilliam, Carter, Oremus, West, Cromer, Neese, Guest, Lawson, T. Moore, Nutt, Schuessler, Forrest, Gatch, Gibson, Harris, Hayes, Henegan, Magnuson, J. Moore, Moss and Brewer
Summary: SCRS and PORS earnings limitation
    A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTIONS 9-1-1790 AND 9-11-90, 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, 2025.
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01/30/24House Introduced and read first time (House Journal-page 8)
01/30/24House Referred to Committee on Ways and Means (House Journal-page 8)
02/06/24House Member(s) request name added as sponsor: Brewer



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