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 Local Subdivision Handbook and Application SC PEBA SC Gov 2021

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when should you start thinking about and planning for retirement the answer is the day you are hired retirement starts now in this section we will cover understanding your retirement plan scrs and pours offer a benefit payment every month for the rest of your life these plans also offer disability protection and death benefits with state orp your retirement benefit is based on your accumulated contributions and any investment gains or losses on those contributions there are some death benefits available to state orp participants you can also take advantage of deferred comps 401k and 457b plans to save more for retirement and you get access to a local retirement plan advisor scrs and poors have two classes of membership class 2 and class 3. those with the membership date prior to july 1st 2012 are class 2 members while those who became members on or after july 1st 2012 are class 3 members your membership class affects retirement eligibility benefit calculations and credit for unused lea

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