South Carolina Statutes
§ 9-1-310 — Administrative costs of retirement systems funded from interest earnings; allocation of costs.
South Carolina § 9-1-310
This text of South Carolina § 9-1-310 (Administrative costs of retirement systems funded from interest earnings; allocation of costs.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 9-1-310 (2026).
Text
The administrative cost of the South Carolina Retirement System, the South Carolina Police Officers Retirement System, the Retirement System for Members of the General Assembly of the State of South Carolina, the Retirement System for Judges and Solicitors of the State of South Carolina, and the National Guard Retirement System must be funded from the interest earnings of the above systems. The allocation of the administrative costs of the systems must be made by the board and must be based upon a proration of the cost in proportion to the assets that each system bears to the total assets of all of the systems for the most recently completed fiscal year.
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Legislative History
HISTORY: 1982 Act No. 466 Part II SECTION 3B; 2005 Act No. 155, SECTION 2, eff January 1, 2006; 2012 Act No. 278, Pt IV, Subpt 2, SECTION 42.A, eff July 1, 2012.
Nearby Sections
15
§ 9-1-10
Definitions.§ 9-1-1010
Assets to be credited to employee annuity savings fund and employer annuity accumulation fund.§ 9-1-1030
Deductions must be made although compensation is reduced below legal minimum; consent to deductions.§ 9-1-1060
Normal contribution rate.§ 9-1-1070
Accrued liability contribution rate.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 9-1-310, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/1/9-1-310.