If for any reason, an assumed annual rate of return on the investments of the assets of the South Carolina Retirement System and the South Carolina Police Officers Retirement System of less than eight percent is approved or otherwise takes effect, then effective at that time the provisions of Section 9-1-1812 apply and Section 9-1-1810 of the 1976 Code is amended to the version of that section in effect before the enactment of Act 311 of 2008.
HISTORY: 2008 Act No. 311, Section 58, eff June 4, 2008.
Editor's Note
Section 9-1-1810, referenced in the text, was repealed by 2012 Act No. 278.
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