The bill H. 4300 proposes amendments to the South Carolina Code of Laws regarding the Retirement System for Judges and Solicitors. It specifically 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. These changes aim to provide more favorable retirement conditions for judges and solicitors, allowing them to access benefits sooner and extending their working age.

Furthermore, the bill includes provisions for judges who reach the age of seventy-two in 2025, allowing them to continue accruing earned service as long as they serve full-time, although they will not earn additional service credit after reaching eight years of earned service. The act will take effect upon approval by the Governor and will apply 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
Latest Version: 9-8-50, 9-8-60