South Carolina Statutes
§ 9-15-20 — Payments for annuity contracts considered income.
South Carolina·Title 9 RETIREMENT SYSTEMS·Ch. 15 ANNUITY CONTRACTS FOR EMPLOYEES OF SCHOOLS AND EDUCATIONAL INSTITUTIONS
The amounts so paid for any such contract shall be considered as payment of salary to such employee for purposes of the Teachers' Retirement System, State aid, Social Security, State income taxes and other State purposes.
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South Carolina § 9-15-20 (Payments for annuity contracts considered income.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 61-442; 1972 (57) 2399.