Bill Commons

SC H 4098

in committee

Employer and employee contribution rates under SCRS and PORS

South Carolina · 2026 Regular Session · lower

Description

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTIONS 9-1-1085 AND 9-11-225, BOTH RELATING TO EMPLOYER AND EMPLOYEE CONTRIBUTION RATES UNDER THE SOUTH CAROLINA RETIREMENT SYSTEM AND THE POLICE OFFICERS RETIREMENT SYSTEM, RESPECTIVELY, SO AS TO PROVIDE THAT AN EMPLOYER, UP TO CERTAIN LIMITS, MAY ELECT TO PAY ALL OR A PORTION OF REQUIRED EMPLOYEE CONTRIBUTIONS DURING A FISCAL YEAR; BY AMENDING SECTIONS 9-1-10 AND 9-11-10, BOTH RELATING TO THE SOUTH CAROLINA RETIREMENT SYSTEM DEFINITIONS AND TO THE POLICE OFFICERS RETIREMENT SYSTEM DEFINITIONS, RESPECTIVELY, SO AS TO PROVIDE WHAT IS NOT EARNABLE COMPENSATION AND TO PROVIDE THAT CERTAIN CONTRIBUTIONS PAID BY AN EMPLOYER ARE ACCUMULATED CONTRIBUTIONS OR AGGREGATE CONTRIBUTIONS; BY AMENDING SECTION 9-11-260, RELATING TO DEPOSIT OF ASSETS IN THE SYSTEM, SO AS TO PROVIDE FOR CERTAIN AMOUNTS PAID BY THE EMPLOYER IN LIEU OF EMPLOYEE CONTRIBUTIONS; BY AMENDING SECTIONS 9-1-1020, 9-1-1160, AND 9-11-210, ALL RELATING TO CONTRIBUTIONS OF MEMBERS, SO AS TO PROVIDE THAT THE EMPLOYER MAY PICK UP CERTAIN CONTRIBUTIONS IN THE AMOUNT DESIGNATED AS AN EMPLOYEE CONTRIBUTION IN CERTAIN CIRCUMSTANCES.

Introduced
2025-02-26
Status date
—
Latest action
2025-02-26 — Referred to Committee on Ways and Means
Bill type
bill
Last updated
—

Sponsors

  • Mossprimary
  • Lawsonprimary
  • Wootenprimary

Committees

Not provided by source.

Action timeline

  1. 2025-02-26

    Introduced and read first time

    introduction,reading-1

  2. 2025-02-26

    Referred to Committee on Ways and Means

    referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

No related bills recorded for this bill.

Official source

https://www.scstatehouse.gov/billsearch.php?billnumbers=4098&session=126&summary=B

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:32:06.227230Z

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