South Carolina Code of Laws
Chapter 1 - South Carolina Retirement System
Section 9-1-1790. Amount which may be earned upon return to covered employment.

(A)(1) A retired member of the system who has been retired for at least thirty consecutive calendar days may be hired and return to employment covered by this system or any other system provided in this title and earn up to ten thousand dollars without affecting the monthly retirement allowance the member is receiving from the system. If the retired member continues in service after earning ten thousand dollars in a calendar year, the member's allowance must be discontinued during his period of service in the remainder of the calendar year. If the employment continues for at least forty-eight consecutive months, the provisions of Section 9-1-1590 apply. If a retired member of the system returns to employment covered by this system or any other system provided in this title sooner than thirty days after retirement, the member's retirement allowance is suspended while the member remains employed by the participating employer. If an employer fails to notify the system of the engagement of a retired member to perform services, the employer shall reimburse the system for all benefits wrongly paid to the retired member.
(2) The earnings limitation imposed pursuant to this item does not apply if the member meets at least one of the following qualifications:
(a) the member retired before January 2, 2013;
(b) the member has attained the age of sixty-two years at retirement; or
(c) compensation received by the retired member from the covered employer is for service in a public office filled by the appointment of the Governor and with confirmation by the Senate, by appointment or election by the General Assembly, or by election of the qualified electors of the applicable jurisdiction.
(B) An employer shall pay to the system the employer contribution for active members prescribed by law with respect to any retired member engaged to perform services for the employer, regardless of whether the retired member is a full-time or part-time employee or a temporary or permanent employee. If an employer who is obligated to the system pursuant to this subsection fails to pay the amount due, as determined by the system, the amount must be deducted from any funds payable to the employer by the State.
(C) A retired member shall pay to the system the employee contribution as if the member were an active contributing member if an employer participating in the system employs the retired member. The retired member does not accrue additional service credit in the system by reason of the contributions required pursuant to this subsection and subsection (B) of this section.
(D) A retired member of the South Carolina Retirement System who is not a member of the Police Officers Retirement System, but is employed in a position that would otherwise be covered by the Police Officers Retirement System, shall not join the Police Officers Retirement System but, notwithstanding any other provision of law, that member is deemed a retired contributing member of the South Carolina Retirement System and shall remit the employee contributions required under subsection (C) of this section to the South Carolina Retirement System and the employer shall remit to the South Carolina Retirement System the employer contribution required by subsection (B). An employer who hires a retiree of the South Carolina Retirement System pursuant to this subsection shall elect to participate as an employer in the South Carolina Retirement System.
HISTORY: 1962 Code Section 61-126; 1969 (56) 272; 1973 (58) 167; 1974 (58) 2066; 1975 (59) 49; 1977 Act No. 43 Section 1; 1978 Act No. 428 Section 1; 1979 Act No. 199 Part II Section 24A; 1980 Act No. 517 Part II, Section 19A; 1981 Act No. 178 Part II Section 33; 1982 Act No. 466 Part II Section 41A; 1983 Act No. 151 Part II Section 50A; 1984 Act No. 512, Part II, Section 50A; 1985 Act No. 201, Part II, Section 42A; 1986 Act No. 540, Part II, Section 43A, effective June 18, 1986, and became law without the Governor's signature; 1987 Act No. 170, Part II, Section 38A, eff June 22, 1987 (became law without Governor's signature); 1988 Act No. 658, Part II, Section 40A, eff June 8, 1988; 1989 Act No. 189, Part II, Section 50A, eff June 8, 1989 (became law without the Governor's signature); 1999 Act No. 100, Part II, Section 27, eff July 1, 1999; 2001 Act No. 25, Section 1, eff July 1, 2001; 2005 Act No. 153, Pt II, Section 7, eff July 1, 2005; 2012 Act No. 278, Pt I, Section 14.A, eff January 2, 2013.

Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 9 - Retirement Systems

Chapter 1 - South Carolina Retirement System

Section 9-1-10. Definitions.

Section 9-1-20. South Carolina Retirement System created; system shall have powers and privileges of corporation; purposes of system.

Section 9-1-30. Property of system exempt from taxation.

Section 9-1-40. Penalties for making false statement or record.

Section 9-1-50. Reservation of right to revise system to conform to changes in Federal Social Security Act.

Section 9-1-60. Implementation of "cafeteria" plan.

Section 9-1-100. Payments to beneficiaries may include payments to persons, trustees, and estates.

Section 9-1-210. Board shall administer system.

Section 9-1-230. Authority to engage actuarial and other services.

Section 9-1-240. Actuary for board.

Section 9-1-250. Investigation and valuation by actuary every five years.

Section 9-1-260. Annual valuation by actuary.

Section 9-1-270. Board shall keep actuarial data in convenient form.

Section 9-1-280. Board shall determine interest rate; base rate established.

Section 9-1-290. Rules and regulations.

Section 9-1-300. Records and reports.

Section 9-1-310. Administrative costs of retirement systems funded from interest earnings; allocation of costs.

Section 9-1-320. Confidentiality of member records.

Section 9-1-410. Membership generally.

Section 9-1-420. Certain persons employed after December 31, 1948, are automatically members of system.

Section 9-1-425. Contributing member of system.

Section 9-1-430. Special provision for certain persons employed between April 26, 1945 and December 31, 1966.

Section 9-1-450. Members of other agency or departmental retirement plans.

Section 9-1-460. Discontinuance of certain local plans or funds.

Section 9-1-470. Political subdivisions may apply for admission to system as employers.

Section 9-1-480. Employees of political subdivisions as members.

Section 9-1-490. Firemen and peace officers.

Section 9-1-510. Option of employees and teachers receiving $100 or less a month; legislators, and certain elected officials.

Section 9-1-520. Certain members of General Assembly may elect to remain members of system; contributions.

Section 9-1-530. Certain former legislators may elect to remain members following termination of service; contributions; members must establish service and qualify for allowance on or before December 31, 1965.

Section 9-1-540. Certain constitutional officers and members of General Assembly may elect, prior to December 31, 1965, to return to system.

Section 9-1-550. Option of certain public school employees.

Section 9-1-560. Option of day laborers.

Section 9-1-570. Option of state employees required to become members of Federal Railroad Retirement System.

Section 9-1-580. Option of certain hospital employees.

Section 9-1-610. Determination of who is teacher or employee.

Section 9-1-620. Effect on members, beneficiaries, their widows or other dependents, of other statutes.

Section 9-1-630. Certain persons may withdraw from system.

Section 9-1-640. Employers and members divided into two classes; change from Class One to Class Two.

Section 9-1-650. Continuation of membership in correlated systems.

Section 9-1-660. Firemen eligible for Police Officers Retirement System; benefits.

Section 9-1-670. Members eligible for membership in South Carolina State Employees Credit Union.

Section 9-1-810. Claims for prior service.

Section 9-1-820. Verification of service claimed; determination of compensation paid during period of prior service.

Section 9-1-830. Prior service certificates.

Section 9-1-840. What constitutes one year of service.

Section 9-1-1010. Assets to be credited to employee annuity savings fund and employer annuity accumulation fund.

Section 9-1-1020. Employee annuity savings fund; deductions from compensation of members of System; employer to pay required member contributions on earnings after July 1, 1982; tax treatment; funding; retirement treatment.

Section 9-1-1030. Deductions must be made although compensation is reduced below legal minimum; consent to deductions.

Section 9-1-1050. Employer annuity accumulation fund; contributions paid by employers.

Section 9-1-1060. Normal contribution rate.

Section 9-1-1070. Accrued liability contribution rate.

Section 9-1-1080. Minimum contributions to employer annuity accumulation fund.

Section 9-1-1085. Employer and employee contribution rates.

Section 9-1-1090. Discontinuance of accrued liability contribution.

Section 9-1-1100. Employer annuities and benefits to be paid from employer annuity accumulation fund.

Section 9-1-1110. Obligations of employer annuity accumulation fund.

Section 9-1-1120. Transfer between funds on return of retired employee to active service.

Section 9-1-1130. Earnings to be credited to employer annuity accumulation fund.

Section 9-1-1135. Interest on member accounts.

Section 9-1-1140. Establishing service credits by making payments into system; career highest fiscal year salary; credits during absences; employer payments; rules and regulations; credits for unused sick leave.

Section 9-1-1160. Collection of members' contributions; failure to make payroll reports and remittances; employer to pay required member contributions on earnings after July 1, 1982; tax treatment; funding; retirement treatment.

Section 9-1-1170. Collection of employers' contributions.

Section 9-1-1175. Employer contributions.

Section 9-1-1180. Deductions and employer contributions for teachers and employees of technical training schools.

Section 9-1-1190. Board may change accounting methods and procedures of system.

Section 9-1-1210. Employer contributions shall reflect cost of Preretirement Death Benefit Program.

Section 9-1-1310. Trustee of retirement system; investment of funds.

Section 9-1-1320. Custodian of assets of the Retirement System.

Section 9-1-1330. Cash kept available with State Treasurer.

Section 9-1-1340. Conflicts of interest and use of funds by commission members or employees.

Section 9-1-1350. Transfers from general fund authorized.

Section 9-1-1510. Retirement of members at age 60 or after 28 years' service.

Section 9-1-1515. Early retirement.

Section 9-1-1540. Disability retirement.

Section 9-1-1545. Election between service retirement and disability retirement; receipt of service retirement pending approval of disability retirement.

Section 9-1-1550. Service retirement allowances.

Section 9-1-1560. Allowances upon retirement for disability.

Section 9-1-1570. Reexamination of beneficiaries retired on account of disability; consequences of refusal to submit to reexamination.

Section 9-1-1580. Effect of ability to engage in gainful occupation; change in amount of disability retirement allowance.

Section 9-1-1590. Effect of restoring beneficiaries to active service.

Section 9-1-1610. Members of General Assembly may draw retirement benefits under certain conditions.

Section 9-1-1615. Retirement allowances payable in monthly installments; payments after death of retired member.

Section 9-1-1620. Optional forms of allowances.

Section 9-1-1625. Compliance with Internal Revenue Code.

Section 9-1-1630. Special benefits to teachers for service prior to July 1, 1945.

Section 9-1-1640. Manner of paying annuities.

Section 9-1-1650. Amounts paid upon termination of employment; election to leave contributions in system; effect of death before or after retirement.

Section 9-1-1660. Nominee on member's death may receive monthly allowance instead of accumulated contributions.

Section 9-1-1665. Compliance with Internal Revenue Code Section 401(a)(9).

Section 9-1-1670. Change or error in records.

Section 9-1-1680. Exemption from taxation and legal process; exceptions; assignment.

Section 9-1-1690. Credit of State is not pledged for payments; rights in case of termination of system or discontinuance of contributions.

Section 9-1-1740. Increase in benefits for persons who were receiving benefits prior to July 1, 1966.

Section 9-1-1750. Increase in benefits for persons who were receiving benefits prior to July 1, 1967 and subsequent to June 30, 1966.

Section 9-1-1760. Increase in benefits for persons who retired prior to July 1, 1972.

Section 9-1-1765. Additional increase in benefits for persons who retired prior to July 1, 1972.

Section 9-1-1766. Further additional increase in benefits for persons who retired prior to July 1, 1972.

Section 9-1-1767. Increase of benefits payable due to retirement before July 1, 1988 and July 1, 1989.

Section 9-1-1770. Preretirement Death Benefit Program; post-retirement benefit payment.

Section 9-1-1775. Death Benefit Plan.

Section 9-1-1780. Recomputation allowances of certain persons having thirty-five or more years of creditable service.

Section 9-1-1790. Amount which may be earned upon return to covered employment.

Section 9-1-1795. Employment of certain retired teachers without loss of retirement benefits; procedure by which retired teachers may be employed.

Section 9-1-1800. Recalculation of benefits for certain persons who retired prior to July 1, 1964.

Section 9-1-1812. Revision of sections upon certain conditions.

Section 9-1-1814. Revision of sections upon certain conditions.

Section 9-1-1815. Retirement allowance adjustments.

Section 9-1-1830. Payment and transfer of funds to the employer annuity accumulation fund.

Section 9-1-1850. Purchases of additional service credit by members with at least twenty-five years of creditable service.

Section 9-1-1870. Beneficiaries receiving Medicaid (Title XIX) sponsored nursing home care; effect on benefits; exception.

Section 9-1-1910. Minimum allowance for persons retiring with twenty or more years of service, generally.

Section 9-1-1920. Minimum allowance for certain persons who retired prior to July 1, 1945.

Section 9-1-1930. Minimum allowance for certain persons whose membership became effective on or after January 1, 1953.

Section 9-1-1940. Minimum allowance for certain persons whose membership became effective on or after January 1, 1951.

Section 9-1-1950. Minimum allowance for certain members of General Assembly.

Section 9-1-1960. Additional payments to certain members of the General Assembly effective July 1, 1972.

Section 9-1-1970. Compensation used for determining benefits to be subject to federal limitations.

Section 9-1-1975. Compliance with USERRA.

Section 9-1-1980. Compliance with Internal Revenue Code Section 415.

Section 9-1-2210. Repealed.