S.C. Code Ann. § 9-1-1110
This is the official text of S.C. Code Ann. § 9-1-1110, part of South Carolina’s Code Ann — part of the compiled statutory law of South Carolina, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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SECTION 9-1-1110. Obligations of employer annuity accumulation fund.
Official statutory text
The maintenance of employee annuity reserves and employer annuity reserves as provided for hereunder and regular interest creditable to the various funds as provided in this article and the payment of all annuities, retirement allowances, refunds, and other benefits granted hereunder, are made obligations of the employer annuity accumulation fund. All income, interest, and dividends derived from deposits and investments authorized hereunder must be used for payment of the obligations of the fund.
Status: in_force · Read it on the official government site
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