Each participating employer may, in consideration of the employee's retention in, or entry upon, employment after February 17, 1955, collect the contributions required of its employees under Section 9-5-410. Contributions so collected shall be paid into the contribution fund in partial discharge of the liability of such participating employer under Section 9-5-430. Failure to deduct such contribution shall not relieve the participating employer of liability therefor.
HISTORY: 1962 Code Section 61-236; 1955 (49) 43.
Structure South Carolina Code of Laws
Chapter 5 - State Retirement And Social Security Act Of 1955
Section 9-5-20. Declaration of policy.
Section 9-5-40. Chapter 3 of this Title not affected.
Section 9-5-50. State agent shall make rules and regulations.
Section 9-5-60. State agent shall submit report to legislature.
Section 9-5-220. Agreement may be made through modification of existing agreement.
Section 9-5-230. Terms of agreement.
Section 9-5-410. Contributions of employees; deduction from wages; refunds and adjustments.
Section 9-5-420. Collection of employees' contributions by employer.
Section 9-5-430. Contributions of employers.
Section 9-5-440. Reports of employers.
Section 9-5-460. Contribution fund established; items to be deposited; administration.
Section 9-5-470. State Treasurer to be custodian of fund; payment of warrants drawn on fund.