When the department believes a change in contribution or benefit rates is necessary to protect the solvency of the fund, it promptly must inform the Governor and the General Assembly of this information and make recommendations regarding it.
S.C. Code Ann. § 41-29-290
Recommendations as to change in contribution or benefit rates
1962 Code SECTION 68-79; 1952 Code SECTION 68-79; 1942 Code SECTION 7035-91; 1936 (39) 1716; 1939 (41) 487; 1941 (42) 369; 2010 Act No. 146, SECTION 52, eff March 30, 2010.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.