The bill H. 4300 proposes amendments to the South Carolina Code of Laws regarding the retirement system for judges and solicitors. It modifies Section 9-8-50 to reduce the required years of earned service for judges to become vested in the retirement system from ten years to eight years. Additionally, it amends Section 9-8-60 to change the retirement age for judges from seventy-two to seventy-four years. This change allows judges to continue serving longer before retirement, while still providing a pathway for earlier retirement based on service years.
Furthermore, the bill includes provisions for judges who reach age seventy-two in 2025, allowing them to remain active and accrue earned service as long as they continue to serve full-time, although they will not earn additional service credit after reaching eight years in the system. The bill is set to take effect upon the Governor's approval and applies to members who have not yet reached the age of seventy-four by January 1, 2026.
Statutes affected: 04/03/2025: 9-8-50, 9-8-60
04/30/2025: 9-8-50, 9-8-60
Latest Version: 9-8-50, 9-8-60