South Carolina § 9-15-20 Payments for annuity contracts considered income.

South Carolina Statutes

§ 9-15-20 — Payments for annuity contracts considered income.

South Carolina § 9-15-20

Title 9RETIREMENT SYSTEMS

Ch. 15ANNUITY CONTRACTS FOR EMPLOYEES OF SCHOOLS AND EDUCATIONAL INSTITUTIONS

This text of South Carolina § 9-15-20 (Payments for annuity contracts considered income.) 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. § 9-15-20 (2026).

Text

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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Legislative History

HISTORY: 1962 Code SECTION 61-442; 1972 (57) 2399.

Nearby Sections

2

§ 9-15-10

School districts and state-supported institutions of higher learning authorized to purchase annuity contracts.

§ 9-15-20

Payments for annuity contracts considered income.

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Bluebook (online)

South Carolina § 9-15-20, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/15/9-15-20.