An employee participating in any plan under the Deferred Compensation Program may repay a plan loan made by the employee through payroll deductions from the employee's compensation. At the request of a state employee the Comptroller General may by payroll deduction collect and pay over to the appropriate entity the amount designated by the employee to repay a deferred compensation plan loan.
S.C. Code Ann. § 8-11-75
Repayment of deferred compensation plan loans
2002 Act No. 356, SECTION 1, Pt XI.Q, eff July 1, 2002.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.