South Carolina Statutes
§ 9-12-60 — Amount of contributions to the QEBA.
South Carolina § 9-12-60
This text of South Carolina § 9-12-60 (Amount of contributions to the QEBA.) 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. § 9-12-60 (2026).
Text
The board shall determine the amount of benefits that cannot be provided under the retirement systems because of the limitations of Section 415 of the Internal Revenue Code, and the amount of contributions that must be made to the QEBAs as separate funds within the retirement systems. The board shall engage such actuarial services as shall be required to make these determinations. If applicable, fees for the actuary's service shall be paid by the applicable employers.
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Legislative History
HISTORY: 2008 Act No. 311, SECTION 28, eff June 4, 2008.
Nearby Sections
12
§ 9-12-10
Definitions.§ 9-12-100
QEBA funds unsecured.§ 9-12-110
QEBA is a governmental plan.§ 9-12-120
No deduction for employer contributions.§ 9-12-30
Administration of QEBAs.§ 9-12-60
Amount of contributions to the QEBA.§ 9-12-80
No ability to defer.§ 9-12-90
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Bluebook (online)
South Carolina § 9-12-60, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/12/9-12-60.