South Carolina § 9-1-460 Discontinuance of certain local plans or funds.

South Carolina Statutes

§ 9-1-460 — Discontinuance of certain local plans or funds.

South Carolina § 9-1-460

Title 9RETIREMENT SYSTEMS

Ch. 1SOUTH CAROLINA RETIREMENT SYSTEM

This text of South Carolina § 9-1-460 (Discontinuance of certain local plans or funds.) 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. § 9-1-460 (2026).

Text

If the majority of the members of a retirement or pension plan or fund voted to enter the System in the manner described in Section 9-1-450, the local plan or fund was discontinued and the payment of all pensions to members on the pension roll as of the date of discontinuance became and is an obligation of the city, county or other unit in which the plan or fund was operated and shall be continued and paid by such city, county or other unit.

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If the majority of the members of a retirement or pension plan or fund voted to enter the System in the manner described in Section 9-1-450, the local plan or fund was discontinued and the payment of all pensions to members on the pension roll as of the date of discontinuance became and is an obligation of the city, county or other unit in which the plan or fund was operated and shall be continued and paid by such city, county or other unit.