South Carolina Statutes
§ 9-11-160 — Allowances paid monthly.
All retirement allowances are payable in monthly installments. Upon the death of a retired member, the retirement allowance for the month the retired member died, if not previously paid, must be paid to the member's designated beneficiary, if the beneficiary is living at the time of the member's death, otherwise to the member's estate. If the retired member elected a survivor option pursuant to the optional forms of allowances in Section 9-11-150, any allowance payable to a survivor beneficiary commences in the month after the death of the retired member.
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Legislative History
HISTORY: 1962 Code SECTION 61-343; 1962 (52) 1933; 1974 (58) 2032; 2001 Act No. 1, Part II, SECTION 2B6, eff July 1, 2000.
Nearby Sections
15
§ 9-11-10
Definitions.§ 9-11-110
Lump sum paid in event of death.§ 9-11-125
Death Benefit Plan.§ 9-11-140
Accidental Death Benefit Program.§ 9-11-150
Optional forms of retirement allowances.§ 9-11-155
Compliance with Internal Revenue Code.§ 9-11-160
Allowances paid monthly.§ 9-11-170
Supplemental Allowance Program.