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H4620 • 2026

Retirement Allowance Adjustment

Retirement Allowance Adjustment

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Reps. Wooten, Gilliam, Pope, C. Mitchell and Clyburn
Last action
2026-01-13
Official status
Referred to Committee on Ways and Means ( House Journal-page 37 )
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Retirement Allowance Adjustment

Retirement Allowance Adjustment

What This Bill Does

  • Retirement Allowance Adjustment

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-01-13 House

    Introduced and read first time ( House Journal-page 37 )

  2. 2026-01-13 House

    Referred to Committee on Ways and Means ( House Journal-page 37 )

  3. 2025-12-16 House

    Prefiled

  4. 2025-12-16 House

    Referred to Committee on Ways and Means

Official Summary Text

Retirement Allowance Adjustment

Current Bill Text

Read the full stored bill text 
2025-2026 Bill 4620: Retirement Allowance Adjustment - South Carolina Legislature Online

South Carolina General Assembly
126th Session, 2025-2026
Download
This Bill
in Microsoft Word Format
Indicates Matter Stricken
Indicates New Matter
H. 4620
STATUS INFORMATION
General Bill
Sponsors: Reps. Wooten, Gilliam, Pope, C. Mitchell and Clyburn
Document Path: LC-0394SA26.docx
Introduced in the House on January 13, 2026
Currently residing in the House Committee on
Ways and Means
Summary: Retirement Allowance Adjustment
HISTORY OF LEGISLATIVE ACTIONS

Date

Body

Action Description with journal page number

12/16/2025

House

Prefiled

12/16/2025

House

Referred to Committee on
Ways and Means

1/13/2026

House

Introduced and read first time (
House Journal-page 37
)

1/13/2026

House

Referred to Committee on
Ways and Means
(
House Journal-page 37
)

View the latest
legislative information
at the website
VERSIONS OF THIS BILL
12/17/2025

A bill

TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING
SECTION
9-11-312
, RELATING TO RETIREMENT ALLOWANCE ADJUSTMENTS, SO AS TO
INCREASE THE ALLOWED ADJUSTMENT AMOUNT.

B
e it enacted by the
General Assembly of the State of South Carolina:

S
ECTION 1.
S
ection
9-11-312
of the S.C. Code is amended to read:

S
ection
9-11-312
. Effective July 1,
2012
2026
, and annually thereafter, the retirement allowance
received by retirees and their surviving annuitants pursuant to the provisions
of this chapter, inclusive of Section
9-11-140
must be increased by the
lesser

greater
of
one

two
percent or
five hundred
one thousand

dollars. Only those retirees and their surviving annuitants in receipt of an
allowance on July first preceding the effective date of the increase are
eligible to receive the increase. Any increase in allowance granted pursuant to
this section must be included in the determination of any subsequent increase.

S
ECTION 2. This act takes effect upon approval
by the Governor.

----XX----

This web page was last updated on January 13, 2026 at 2:42 PM