South Carolina Code of Regulations
Chapter 19 - STATE BUDGET AND CONTROL BOARD
Article 9 - RETIREMENT DIVISION
Subarticle 4 - RETIREMENT SYSTEM FOR JUDGES AND SOLICITORS
Section 19-995 - Interest Rate
Universal Citation: SC Code Regs 19-995
Current through Register Vol. 48, No. 3, March 22, 2024
Interest shall be credited to the account of each member once each year as of June 30, on the basis of the balance in the account of each member as of the previous June 30. Upon the death, retirement, or termination of a member, interest shall be figured to the end of the month immediately preceding the date of refund or retirement, interest being based on the balance in such member's account as of the June 30 immediately preceding the date of refund or retirement.
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