Expands eligibility for the South Carolina Optional Retirement Program to include special purpose districts.

This bill amends the South Carolina Code to include special purpose districts in the definition of "employer" for the State Optional Retirement Program. It also modifies the eligibility criteria for employees hired by the State or its departments, agencies, bureaus, commissions, or institutions. The changes take effect upon approval by the Governor.

Expands eligibility for the South Carolina Optional Retirement Program to include special purpose districts.

This bill amends the South Carolina Code to include special purpose districts in the definition of "employer" for the State Optional Retirement Program. It also modifies the eligibility criteria for employees hired by the State or its departments, agencies, bureaus, commissions, or institutions. The changes take effect upon approval by the Governor.