South Carolina § 9-5-500 Appropriations for contribution fund.

South Carolina Statutes

§ 9-5-500 — Appropriations for contribution fund.

South Carolina·Title 9 RETIREMENT SYSTEMS·Ch. 5 STATE RETIREMENT AND SOCIAL SECURITY ACT OF 1955

There are hereby authorized to be appropriated annually to the contribution fund, to be available for the purposes of Section 9-5-480 until expended, such sums as are found to be necessary in order to make the payments to the Secretary of the Treasury which the State is obligated to make pursuant to an agreement entered into under Sections 9-5-210 to 9-5-230. The State agent shall submit to each regular session of the State legislature, at least ninety days in advance of the beginning of such session, an estimate of the amounts authorized to be appropriated to the contribution fund by this section for the next appropriation period.

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There are hereby authorized to be appropriated annually to the contribution fund, to be available for the purposes of Section 9-5-480 until expended, such sums as are found to be necessary in order to make the payments to the Secretary of the Treasury which the State is obligated to make pursuant to an agreement entered into under Sections 9-5-210 to 9-5-230. The State agent shall submit to each regular session of the State legislature, at least ninety days in advance of the beginning of such session, an estimate of the amounts authorized to be appropriated to the contribution fund by this section for the next appropriation period.

South Carolina § 9-5-500 (Appropriations for contribution fund.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.