South Carolina Statutes

§ 9-1-1640 — Manner of paying annuities.

South Carolina·Title 9 RETIREMENT SYSTEMS·Ch. 1 SOUTH CAROLINA RETIREMENT SYSTEM

All employee and employer annuities shall be payable in equal monthly installments.

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Legislative History

HISTORY: 1962 Code SECTION 61-113; 1952 Code SECTION 61-113; 1945 (44) 212; 1949 (46) 424.

Nearby Sections

15

§ 9-1-10

§ 9-1-100

Payments to beneficiaries may include payments to persons, trustees, and estates.

§ 9-1-1010

Assets to be credited to employee annuity savings fund and employer annuity accumulation fund.

§ 9-1-1020

Employee annuity savings fund; deductions from compensation of members of System; employer to pay required member contributions on earnings after July 1, 1982; tax treatment; funding; retirement treatment.

§ 9-1-1030

Deductions must be made although compensation is reduced below legal minimum; consent to deductions.

§ 9-1-1050

Employer annuity accumulation fund; contributions paid by employers.

§ 9-1-1060

Normal contribution rate.

§ 9-1-1070

Accrued liability contribution rate.

§ 9-1-1080

Minimum contributions to employer annuity accumulation fund.

§ 9-1-1085

Employer and employee contribution rates.

§ 9-1-1090

Discontinuance of accrued liability contribution.

§ 9-1-1100

Employer annuities and benefits to be paid from employer annuity accumulation fund.

§ 9-1-1110

Obligations of employer annuity accumulation fund.

§ 9-1-1120

Transfer between funds on return of retired employee to active service.

§ 9-1-1130

Earnings to be credited to employer annuity accumulation fund.

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