South Carolina Code of Laws
Title 9 - Retirement Systems
Chapter 15 - Annuity Contracts For Employees Of Schools And Educational Institutions

Section 9-15-10. School districts and state-supported institutions of higher learning authorized to purchase annuity contracts. - The various school districts of this State and State-supported institutions...

Section 9-15-20. Payments for annuity contracts considered income. - The amounts so paid for any such contract shall be...