South Carolina General Assembly
105th Session, 1983-1984

Bill 164

                    Current Status

Bill Number:               164
Ratification Number:       52
Act Number                 27
Introducing Body:          Senate
Subject:                   Police officers retirement, "the monthly
                           benefits"
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(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

(A27, R52, S164)

AN ACT TO AMEND SECTION 9-11-510, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE SOUTH CAROLINA POLICE OFFICERS RETIREMENT SYSTEM, SO AS TO MAKE A TECHNICAL CORRECTION TO REQUIRE RETIREMENT ALLOWANCES AND DEATH BENEFITS ACCRUING AS OF A CERTAIN DATE READ "THE MONTHLY BENEFITS" INSTEAD OF "THE BENEFITS" PAYABLE UNDER SUCH SECTION; TO AMEND ACT 16 OF 1979, RELATING TO THE SOUTH CAROLINA RETIREMENT SYSTEM, SO AS TO PROVIDE THAT ADDITIONAL BENEFITS ACCRUING TO PERSONS WITH THIRTY YEARS' SERVICE WHO RETIRED PRIOR TO JULY 1, 1975, SHALL BE PAYABLE ONLY FOR THE PERIOD BEGINNING JULY 1, 1979; AND TO REPEAL SECTION 9-1-600 RELATING TO THE TIME FOR THE ELECTION OF FORMER STATE EMPLOYEES OR TEACHERS TO BECOME MEMBERS OF THE SOUTH CAROLINA RETIREMENT SYSTEM.

Be it enacted by the General Assembly of the State of South Carolina:

Retirement allowances

SECTION 1. Section 9-11-510 of the 1976 Code is amended to read:

"Section 9-11-510. All retirement allowances otherwise payable to police officers retired under such fund and in force on June 30, 1963, and all death benefits otherwise payable on account of such retired police officers shall become payable under the South Carolina Police Officers Retirement System effective as of July 1, 1973, the monthly benefits under the provisions of this section shall be one hundred forty percent of those payable prior to such date. Appropriations for this purpose shall be made annually in the general appropriations act."

Benefits not retroactive

SECTION 2. Section 2 of Act 16 of 1979 is amended to read:

"Section 2. Notwithstanding the additional benefits which will accrue to persons with thirty years of creditable service who retired prior to July 1, 1975, as a result of the amendment to Section 9-1-1550 of the 1976 Code contained in Section 1 of this act, additional benefits shall not be retroactive and shall be payable only for the period beginning July 1, 1979."

Repeal

SECTION 3. Section 9-1-600 of the 1976 Code is repealed.

Time effective

SECTION 4. This act shall take effect upon approval by the Governor.