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Code · South Carolina · Title 9 - RETIREMENT SYSTEMS · CHAPTER 20 · State Optional Retirement Program

§ 9-20-10. Definitions.

357 words·~2 min read·/sc/title-9-retirement-systems/chapter-20/state-optional-retirement-program/9-20-10·

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§ 9-20-10. Definitions.
As used in this chapter:
(1)"Employer" means:
(a)a school district that receives funding from the State from the annual appropriation to the Department of Education for Aid to School Districts-Employer Contributions in the annual general appropriations act;
(b)a four-year and postgraduate institution of higher education supported and under the control of the State;
(c)a technical college supported and under the control of the State;
(d)the State or any of its departments, agencies, bureaus, commissions, and institutions, provided that such entity does not meet the definition of item (1)(a), (b), or
(c)of this section.
(2)"Eligible employee" means:
(a)a person hired on or after July 1, 2001, by an employer as defined in Section 9-20-10(1)(a) to fill a permanent full-time position;
(b)a person hired on or after July 1, 2002, by an employer as defined in Section 9-20-10(1)(b), (c), or
(d)to fill a permanent full-time position;
(c)a person hired on or after July 1, 2003, by an employer as defined in Section 9-20-10(1) to fill a temporary position or a part-time permanent position;
(d)a person employed by an employer as defined in Section 9-20-10(1) who, as of June 30, 2001, was a participant of the Optional Retirement Program for Teachers and School Administrators or who, as of June 30, 2002, was a participant of the Optional Retirement Program for Publicly Supported Four-Year and Postgraduate Institutions of Higher Education; or
(e)an employee, hired on or after January 1, 2003, by the State or any of its departments, agencies, bureaus, commissions, or institutions who is not covered by the State Employee Grievance Procedure but who is eligible to participate in either the South Carolina Retirement System or the Police Officers Retirement System.
However, an employee who exercises an option to not participate in the South Carolina Retirement System under Section 9-1-550 is not eligible to participate in the State Optional Retirement Program.
(3)"Participant" means an eligible employee who participates in the optional retirement program provided by this chapter.
(4)"Open enrollment period" means the period from January first to March first of each year.
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