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16 chapters · 370 sections in this title.
S.C. Code Ann. § 9-20-10 Definitions
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As used in this chapter: (1) "Employer" means: (a) a school district that receives funding from the State from the annual appropriation to the Department of Education for Aid to School Districts-Employer Contributions in the annual general appropriations act; (b) a four-year and …
S.C. Code Ann. § 9-20-20 State Optional Retirement Program
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The South Carolina Retirement System shall establish the State Optional Retirement Program (State ORP), a defined contribution plan, for eligible employees defined in Section 9-20-10(2). An employee is not eligible to participate in the State ORP unless the employee is eligible f…
S.C. Code Ann. § 9-20-30 Administration of program; designation of investment companies
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The South Carolina Retirement System shall provide for the administration of the State Optional Retirement Program under this chapter. The Director of the South Carolina Retirement System acting on behalf of the Board of Directors of the South Carolina Public Employee Benefit Aut…
S.C. Code Ann. § 9-20-40 Election of system; changing systems concurrent positions; open enrollment period
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(A) All eligible employees shall elect either to join the South Carolina Retirement System or to participate in the State ORP under this chapter within thirty days after entry into service. If an eligible employee fails to make the initial election within the required time, the e…
