South Carolina § 9-1-310 - Administrative costs of retirement systems funded from interest earnings; allocation of costs.

Full text of South Carolina South Carolina Code of Laws § 9-1-310 — Administrative costs of retirement systems funded from interest earnings; allocation of costs., with citation guidance and answers to common questions.

§ 9-1-310. Administrative costs of retirement systems funded from interest earnings; allocation of costs.

The administrative cost of the South Carolina Retirement System, the South Carolina Police Officers Retirement System, the Retirement System for Members of the General Assembly of the State of South Carolina, the Retirement System for Judges and Solicitors of the State of South Carolina, and the National Guard Retirement System must be funded from the interest earnings of the above systems. The allocation of the administrative costs of the systems must be made by the board and must be based upon a proration of the cost in proportion to the assets that each system bears to the total assets of all of the systems for the most recently completed fiscal year.

HISTORY: 1982 Act No. 466 Part II SECTION 3B; 2005 Act No. 155, SECTION 2, eff January 1, 2006; 2012 Act No. 278, Pt IV, Subpt 2, SECTION 42.A, eff July 1, 2012.

Source: official South Carolina text · Last verified 2026-08-27

Frequently Asked Questions About South Carolina § 9-1-310

What does South Carolina Code of Laws § 9-1-310 cover?

Section 9-1-310 ("Administrative costs of retirement systems funded from interest earnings; allocation of costs.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite South Carolina § 9-1-310?

A common citation format is "South Carolina Code of Laws § 9-1-310" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of South Carolina law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.

How does South Carolina § 9-1-310 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.