There is a newer version of the South Carolina Code of Laws
2012 South Carolina Code of Laws
Title 9 - Retirement Systems
Chapter 5 - STATE RETIREMENT AND SOCIAL SECURITY ACT OF 1955
Section 9-5-500 - Appropriations for contribution fund.
SC Code § 9-5-500 (2012) What's This?
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.
HISTORY: 1962 Code Section 61-244; 1955 (49) 43.
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