§ 9-16-335

S.C. Code Ann. § 9-16-335

Assumed rate of return

Effective Jul 1, 20122012 Act No. 278, Pt V, Section 68, eff July 1, 2012.

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For all purposes of this title, the assumed annual rate of return on the investments of the Retirement System must be established by the General Assembly pursuant to this section. Effective July 1, 2012, the assumed annual rate of return on retirement system investments is seven and one-half percent.

HISTORY: 2012 Act No. 278, Pt V, Section 68, eff July 1, 2012.