Notwithstanding the amounts annually appropriated as "State Employer Contributions", the State Treasurer and Comptroller General are hereby authorized and directed to transfer from the general fund of the State to the proper Retirement System Accounts, month by month, during the current fiscal year, such funds as are necessary to comply with the terms of the Retirement Act as amended, with respect to contributions by the State of South Carolina to the Retirement System.
S.C. Code Ann. § 9-1-1350
Transfers from general fund authorized
Applied in 1 court decision — leading case 899 F. Supp. 2d 457 - Hutto v. South Carolina Retirement System (2012)
Most recently applied in 899 F. Supp. 2d 457 - Hutto v. South Carolina Retirement System (September 2012)
2002 Act No. 356, SECTION 1, Pt IX.F, 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.