There is a newer version of the South Carolina Code of Laws
2012 South Carolina Code of Laws
Title 9 - Retirement Systems
Chapter 8 - RETIREMENT SYSTEM FOR JUDGES AND SOLICITORS
Section 9-8-200 - Credit of state not pledged; rights upon termination of System.
SC Code § 9-8-200 (2012) What's This?
All agreements or contracts with the members of the System pursuant to any of the provisions of this chapter shall be deemed solely obligations of the System and the full faith and credit of the State and of its departments, institutions and political subdivisions is not, and shall not be, pledged or obligated beyond the amounts which may be hereafter annually appropriated in the annual state general appropriation act, and other periodic appropriations for the purposes of this chapter. In case of termination of the System, the rights of all members of the System to benefits accrued to the date of such termination, to the extent then funded, shall be nonforfeitable.
HISTORY: 1979 Act No. 150 Section 20.
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