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SC H3542

Bill

Official Source

Status

Introduced

1/14/2025

Primary Sponsor

Robert Williams

Click for details

Origin

House of Representatives

126th General Assembly

AI Summary

  • Removes the $10,000 earnings limitation for retirees who return to covered employment under the South Carolina Retirement System (SCRS) and Police Officers Retirement System (PORS)

  • Changes the eligibility cutoff date from January 2, 2013 to January 2, 2026, meaning retirees who retired before January 2, 2026 would no longer be subject to the earnings cap when returning to work

  • Applies to both general state employees under SCRS and police officers under PORS retirement systems

  • Takes effect upon approval by the Governor

Legislative Description

SCRS and PORS earnings limitation

Last Action

Member(s) request name added as sponsor: Willis

4/2/2025

Committee Referrals

Ways and Means12/5/2024

Full Bill Text

No bill text available