Bills Assigned to Keyword - Retirement (12)
Date of Last Recorded Action: 7/23/2024
H 3425
H 3425
Removes the SC Police Officers Retirement System and SC Retirement System earnings limitation upon returning to work in certain circumstances
05.04.2023 The House Ways and Means Committee gave this bill a favorable report as amended by the subcommittee.04.25.2023 The House Ways and Means General Government subcommittee gave this bill a favorable report as amended. The amendment made only technical changes.Summary of the bill as introduced: Removes the SC Police Officers Retirement System and SC Retirement System earnings limitation upon returning to work after 12 consecutive months away from work.
Sponsor:
Thomas Pope
House Com:
WM
Senate Com:
Fin
Status: Senate - Referred to Committee on Finance
Status Date: 5/23/2023
Keywords:
House
Retirement
Of Interest
H 4123
Exempts school resource officers from the SC Police Officers Retirement System earnings limitation
Summary of the bill as introduced: Exempts school resource officers from the SC Police Officers Retirement System earnings limitation.
Sponsor:
William Herbkersman
House Com:
WM
Senate Com:
Status: House - Member(s) request name added as sponsor: Chapman
Status Date: 3/29/2023
Keywords:
Police
Retirement
Of Interest
H 4210
Exempts the retirement income of qualifying retired state employees
Summary of the bill as introduced: Exempts from taxes the retirement income of qualifying retired state employees.
Sponsor:
Gilda Cobb-Hunter
House Com:
WM
Senate Com:
Status: House - Member(s) request name added as sponsor: Jefferson
Status Date: 1/30/2024
Keywords:
Employment/Personnel
Retirement
Of Interest
H 4548
Exempts retired members of the SC Retirement System from the earnings limitation if they return to work as a school bus driver
Summary of the bill as introduced: Exempts retired members of the SC Retirement System from the earnings limitation if they return to work as a school bus driver.
Sponsor:
Melissa Oremus
House Com:
WM
Senate Com:
Fin
Status: Senate - Referred to Committee on Finance
Status Date: 4/2/2024
Keywords:
Employment/Personnel
House
Retirement
Of Interest
H 4697
Creates a tax exemption for the retirement income of first responders, law enforcement officers and teachers
Summary of the bill as introduced: Creates a tax exemption for the retirement income of first responders, law enforcement officers and teachers.
Sponsor:
Jay Kilmartin
House Com:
WM
Senate Com:
Status: House - Member(s) request name added as sponsor: Schuessler
Status Date: 2/14/2024
Keywords:
Employment/Personnel
House
Retirement
Of Interest
H 4971
Removes the $10,000 earning limitation on retired employees returning to work who retired before January 2, 2025
Summary of the bill as introduced: Removes the $10,000 earning limitation on retired employees returning to work who retired before January 2, 2025
Sponsor:
Robert Williams
House Com:
WM
Senate Com:
Status: House - Member(s) request name added as sponsor: Brewer
Status Date: 2/6/2024
Keywords:
Retirement
Of Interest
H 5009
Exempts from income tax the retirement income of first responders, law enforcement officers, and teachers
Summary of the bill as introduced: Exempts from income tax the retirement income of first responders, law enforcement officers, and teachers.
Sponsor:
Jay Kilmartin
House Com:
Senate Com:
Status: House - Referred to Committee on Ways and Means
Status Date: 2/1/2024
Keywords:
Retirement
Of Interest
S 0108
Provides a death benefit for law enforcement officers killed in the line of duty
05.04.2023 The House Ways and Means Committee gave this bill a favorable report as amended by subcommittee. 04.25.2023 The House Ways and Means General Government subcommittee gave this bill a favorable report.Summary of the bill as introduced: Provides a death benefit for law enforcement officers killed in the line of duty.
Sponsor:
Thomas Davis
House Com:
WM
Senate Com:
Fin
Status: Act No. 75
Status Date: 6/26/2023
Keywords:
Employment/Personnel
Health Insurance
Police
Retirement
Passed
S 0239
Increases the amount of time a police officer retiree must be retired before returning to work
Summary of the bill as introduced: Increases the amount of time a police officer retiree must be retired before returning to work from 30 to 90 days. The bill also removes the current earnings limitation.
Sponsor:
Brian Adams
House Com:
Senate Com:
Fin
Status: Senate - Referred to Committee on Finance
Status Date: 1/10/2023
Keywords:
Police
Retirement
Senate
Of Interest
S 0420
Changes the amount of compensation that may be earned when returning to work after retirement from the SCRS and SCPORS
Summary of the bill as introduced: Changes the amount of compensation that may be earned when returning to work after retirement from the SCRS and SCPORS from $10,000 to an amount not to exceed the lower of the retirement earnings test exempt amounts for individuals below normal retirement age.
Sponsor:
Rex Rice
House Com:
Senate Com:
Status: Senate - Referred to Committee on Finance
Status Date: 1/19/2023
Keywords:
Retirement
Of Interest
S 0622
Establishes the SC Shared-Risk Defined Benefit Plan
Summary of the bill as introduced: Provides employees of the state of South Carolina with a defined benefit retirement plan.
Sponsor:
Sean Bennett
House Com:
Senate Com:
Fin
Status: Scrivener's error corrected
Status Date: 3/15/2023
Keywords:
Retirement
Of Interest
S 1168
Gives a municipality the ability to allow a municipal court judge to participate in the PORS
Summary of the bill as introduced: Gives a municipality the ability to allow a municipal court judge to participate in the Police Officers Retirement System.
Sponsor:
Michael Gambrell
House Com:
Senate Com:
Status: Senate - Referred to Committee on Finance
Status Date: 3/14/2024
Keywords:
Retirement
Of Interest
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