The bill H. 3434 proposes an amendment to Section 9-1-1790 of the South Carolina Code of Laws, specifically addressing the earnings limitation for retired members of the South Carolina Retirement System who return to covered employment. The amendment stipulates that the earnings limitation will not apply to members who return to work as school bus drivers for public school districts, provided they retired from the system before January 1, 2025.

In the revised legal language, a new qualification is added to the existing list of exemptions from the earnings limitation. This new provision allows retired members to receive compensation for their service as school bus drivers without being subject to the earnings cap that typically applies to other forms of covered employment. The bill will take effect upon approval by the Governor.

Statutes affected:
12/05/2024: 9-1-1790
Latest Version: 9-1-1790