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H 4713 - Closes the current SC Retirement System and creates the SC Retirement Investment Plan

Tracking Level: Of Interest
Sponsor: Nathan Ballentine (R)
Last Action: 1/21/2016 - House - Referred to Committee on Ways and Means
House Committee:
Assigned To:
RetirementNext Bill

Staff Analysis of the Legislation

Summary of the bill as introduced: Closes the SC Retirement System for employees or officers taking office after June 30, 2017 and requires those employees or officers to enroll in the SC Retirement Investment Plan.

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,