Retirement System Funds

  1. Law
  2. South Carolina Code of Laws
  3. Retirement Systems
  4. Retirement System Funds

Checkout our iOS App for a better way to browser and research.

Section
9-16-10

Definitions.

Section
9-16-20

Investment and management authority of commission; holding assets in group trust under Section 401(a)(24) of the Internal Revenue Code.

Section
9-16-30

Delegation of functions by commission; standard of care; agent's duty and submission to jurisdiction.

Section
9-16-40

Standards for discharge of duty.

Section
9-16-50

Investment and management considerations by trustee; diversification; verification of facts; statement of investment objectives and policies.

Section
9-16-55

Investments in companies that in their operations are complicit with the government of Sudan in the Darfur genocide.

Section
9-16-60

Evaluation of fiduciary's compliance with law not to be hindsight; decision-making evaluated in context of whole portfolio.

Section
9-16-70

Liability for breach of duty; insurance by retirement system or fiduciary; disclosure of terms and conditions.

Section
9-16-80

Investment meetings of board or commission as executive sessions exempt from disclosure; records of meetings.

Section
9-16-90

Quarterly and annual investment reports; contents.

Section
9-16-100

Restrictions on lobbyists.

Section
9-16-315

Retirement System Investment Commission; membership; terms; qualifications; chief executive officer; chief investment officer and administrative staff; attorneys; costs and salary.

Section
9-16-320

Adoption of annual investment plan; quarterly review; deliberations in executive session; independent advisors.

Section
9-16-330

Statement of actuarial assumptions and investment objectives; delegation of final authority to invest; components of plan; diversification; verification of investment facts; analysis and recommendations.

Section
9-16-335

Assumed annual rate of return.

Section
9-16-340

Investment of retirement systems assets; annual investment plan; adoption and review.

Section
9-16-345

Minority and minority-owned business representation.

Section
9-16-350

Use of information for self-interest; blind trusts; violations; punishment; provisions cumulative with other laws.

Section
9-16-360

Standards of conduct for fiduciary or employee of fiduciary.

Section
9-16-370

Defense and indemnification of Retirement System Investment Commission members, officers, and management employees.

Section
9-16-380

Audit of Retirement System Investment Commission.

Section
9-16-710

Investment education services.