As a part of the RIP, can an agency pay to convert service credit earned under the South Carolina Retirement Systems (SCRS) to service credit in the Police Officers Retirement Systems (PORS)?

0
Posted

As a part of the RIP, can an agency pay to convert service credit earned under the South Carolina Retirement Systems (SCRS) to service credit in the Police Officers Retirement Systems (PORS)?

0

An agency may allow in its RIP for the conversion of SCRS service credit to PORS service credit. An agency, however, may only pay the cost to convert up to five years of SCRS earned service credit to PORS service credit. The cost of conversion may not exceed the employee’s annual salary.

Related Questions