A QEBA is a portion of a governmental plan as defined in Section 414(d) of the Internal Revenue Code, and is intended to meet the requirements of Internal Revenue Code Sections 115 and 415(m), and shall be so interpreted and administered.
HISTORY: 2008 Act No. 311, Section 28, eff June 4, 2008.
Structure South Carolina Code of Laws
Chapter 12 - Qualified Excess Benefits Arrangements
Section 9-12-20. Qualified Excess Benefit Arrangements created.
Section 9-12-30. Administration of QEBAs.
Section 9-12-40. Eligibility for participation in a QEBA.
Section 9-12-50. QEBA supplemental retirement allowance.
Section 9-12-60. Amount of contributions to the QEBA.
Section 9-12-70. Employer contributions and separate fund.
Section 9-12-80. No ability to defer.
Section 9-12-90. No assignment.
Section 9-12-100. QEBA funds unsecured.