South Carolina H4593 exempts retired members from certain employee contributions to the retirement system.

South Carolina H4593 amends the South Carolina Code to exempt retired members from certain employee contributions to the retirement system. Specifically, it modifies sections 9-1-1790 and 9-11-90 to ensure that retired members do not have to pay employee contributions if their employer participates in the South Carolina Retirement System. Additionally, it specifies that retired members do not accrue additional service credit in the system due to these contributions. The bill takes effect upon approval by the Governor.

South Carolina H4593 exempts retired members from certain employee contributions to the retirement system.

South Carolina H4593 amends the South Carolina Code to exempt retired members from certain employee contributions to the retirement system. Specifically, it modifies sections 9-1-1790 and 9-11-90 to ensure that retired members do not have to pay employee contributions if their employer participates in the South Carolina Retirement System. Additionally, it specifies that retired members do not accrue additional service credit in the system due to these contributions. The bill takes effect upon approval by the Governor.