Special Purpose Districts Retirement Act includes special purpose districts in the definition of "employer" for the State Optional Retirement Program.
The Special Purpose Districts Retirement Act amends the South Carolina Code to redefine "employer" in the State Optional Retirement Program to include special purpose districts. This change allows special purpose districts participating in the South Carolina Retirement System to offer their employees the State Optional Retirement Program. The act takes effect upon approval by the Governor.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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