SC H4577

Full-time masters-in-equity must participate in the South Carolina Police Officers Retirement System for their service after December 31, 2026

Masters-in-equity may transfer credited service from the SC Retirement System to the Police Officers Retirement System between July 1, 2026 and January 1, 2027 by paying accumulated employer and employee contributions, interest, plus 5% of their June 30, 2026 annual salary for each year of service

After January 1, 2027, transfers of credited service must follow standard procedures under Section 9-11-40(9)

Takes effect upon Governor's approval