South Carolina H 4098: A HOUSE RESOLUTION TO EXTEND THE PRIVILEGE OF THE FLOOR OF THE SOUTH CAROLINA HOUSE OF REPRESENTATIVES TO THE LOWER RICHLAND BOYS BASKETBALL TEAM OF RICHLAND COUNTY WITH THE COACHES AND SCHOOL OFFICIALS, AT A DATE AND TIME TO BE DETERMINED BY THE SPEAKER, FOR THE PURPOSE OF BEING RECOGNIZED AND COMMENDED FOR CAPTURING THE 2017 SOUTH CAROLINA CLASS AAAA STATE CHAMPIONSHIP TITLE.

Bill Text

2025-2026 Bill 4098 Text of Previous Version (Feb. 26, 2025) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 4098

Indicates Matter Stricken
Indicates New Matter

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A bill

TO AMEND THE SOUTH CAROLINA CODE OF LAWS 
BY AMENDING SECTIONS 9-1-1085 AND 9-11-225, BOTH RELATING TO EMPLOYER AND 
EMPLOYEE CONTRIBUTION RATES UNDER THE SOUTH CAROLINA RETIREMENT SYSTEM AND THE 
POLICE OFFICERS RETIREMENT SYSTEM, RESPECTIVELY, SO AS TO PROVIDE THAT AN 
EMPLOYER, UP TO CERTAIN LIMITS, MAY ELECT TO PAY ALL OR A PORTION OF REQUIRED 
EMPLOYEE CONTRIBUTIONS DURING A FISCAL YEAR; BY AMENDING SECTIONS 9-1-10 AND 
9-11-10, BOTH RELATING TO THE SOUTH CAROLINA RETIREMENT SYSTEM DEFINITIONS AND 
TO THE POLICE OFFICERS RETIREMENT SYSTEM DEFINITIONS, RESPECTIVELY, SO AS TO 
PROVIDE WHAT IS NOT EARNABLE COMPENSATION and TO PROVIDE THAT CERTAIN 
CONTRIBUTIONS PAID BY AN EMPLOYER ARE ACCUMULATED CONTRIBUTIONS OR AGGREGATE 
CONTRIBUTIONS; BY AMENDING SECTION 9-11-260, RELATING TO DEPOSIT OF ASSETS IN 
THE SYSTEM, SO AS TO PROVIDE FOR CERTAIN AMOUNTS PAID BY THE EMPLOYER IN LIEU 
OF EMPLOYEE CONTRIBUTIONS; BY AMENDING SECTIONS 9-1-1020, 9-1-1160, AND 
9-11-210, ALL RELATING TO CONTRIBUTIONS OF MEMBERS, SO AS TO PROVIDE THAT THE 
EMPLOYER MAY PICK UP CERTAIN CONTRIBUTIONS IN THE AMOUNT DESIGNATED AS AN 
EMPLOYEE CONTRIBUTION IN CERTAIN CIRCUMSTANCES.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1. Section 9-1-1085 of the S.C. 
Code is amended by adding:

 (E) In lieu of the deductions from compensation required by Sections 
9-1-1020 and 9-1-1160, an employer may elect, no later than July first, to pick 
up all or a portion of the employee contributions required by this section for 
the following fiscal year without a reduction or offset from its employees' 
compensation. Employee contributions picked up without such reduction or offset 
from the employee's compensation must be treated as employer contributions in 
determining federal tax treatment under Section 414(h)(2) of the United States 
Internal Revenue Code, but must be credited as employee contributions for the 
purposes of the system. An employer making the election provided by this 
subsection is considered to have taken formal action to provide that the contributions 
on behalf of its employees, although designated as employee contributions, must 
be paid by the employer in lieu of employee contributions. The employer shall 
pay these employee contributions from the same source of funds which is used in 
paying earnings to the employee. The employee, however, may not be given any 
option of choosing to receive the contributed amount of the pick ups directly 
instead of having them paid by the employer to the retirement system. An 
employer's election to pick up contributions without a reduction or offset from 
its employees' compensation pursuant to this subsection may not be changed 
during the fiscal year, but may be changed for future fiscal years.

SECTION 2. Section 9-11-225 of the S.C. 
Code is amended by adding:

 (E) In lieu of the deductions from compensation required by Section 9-11-210, 
an employer may elect, no later than July first, to pick up all or a portion of 
the employee contributions required by this section for the following fiscal 
year without a reduction or offset from its employees' compensation. Employee 
contributions picked up without such reduction or offset from the employee's 
compensation must be treated as employer contributions in determining federal 
tax treatment under Section 414(h)(2) of the United States Internal Revenue 
Code, but must be credited as employee contributions for the purposes of the 
system. An employer making the election provided by this subsection is 
considered to have taken formal action to provide that the contributions on 
behalf of its employees, although designated as employee contributions, must be 
paid by the employer in lieu of employee contributions. The employer shall pay 
these employee contributions from the same source of funds which is used in 
paying earnings to the employee. The employee, however, may not be given any 
option of choosing to receive the contributed amount of the pick ups directly 
instead of having them paid by the employer to the retirement system. An 
employer's election to pick up contributions without a reduction or offset from 
its employees' compensation pursuant to this subsection may not be changed 
during the fiscal year, but may be changed for future fiscal years.

SECTION 3. Section 9-1-10(8) of the S.C. 
Code is amended by adding:

 (c) Employee contributions picked up by an employer pursuant to 
Section 9-1-1085(E) without a reduction or offset from the member's 
compensation are not earnable compensation for the purposes of the system.

SECTION 4. Section 9-11-10(12) of the 
S.C. Code is am