The bill H. 4576 aims to amend the South Carolina Code of Laws by updating the definition of "Employer" in Section 9-20-10 to include special purpose districts that participate in the South Carolina Retirement System. This addition recognizes special purpose districts as employers eligible for the state optional retirement program, thereby expanding the scope of entities that can participate in this retirement system. The specific legal language added defines a special purpose district as one that is defined in Section 6-11-1610.
Additionally, the bill modifies the definition of "Eligible employee" to include those hired by special purpose districts after June 30, 2027, thereby allowing these employees to participate in the state optional retirement program. The bill will take effect upon approval by the Governor, reflecting a significant change in the retirement benefits available to employees of special purpose districts in South Carolina.
Statutes affected: 12/17/2025: 9-20-10
Latest Version: 9-20-10