South Carolina State Retirement System

A defined benefit plan, this plan is also called the "traditional plan." When you retire, your annuity will be paid to you monthly, and will depend on your average final compensation and years of service. You must have a minimum of 8 years of earned service to be eligible to receive a retirement annuity. Insurance benefits under this plan are based on years of service and average final compensation. You may increase years of service by purchasing qualified and non qualified service.

Read more about this plan on the SC Retirement Systems website


Nine percent of pre-tax salary. These contributions will be placed in an account in your name that earns a competitive interest rate each year. Your employer also contributes to the plan. However, if you terminate employment and receive a refund or rollover of your contributions, your employer’s contributions will not be refunded to you.

Retirement Eligibility

Normal Retirement (Unreduced Annuity):
Age 65; or, Rule of 90: Your age plus years of service credit equal 90

Early Retirement (Reduced Annuity):
Age 60 with at least 8 years of earned service
(Your annuity is permanently reduced 5% for each year of age less than 65); or

Age 55 or older with 25 years of service credit, 8 years of which must be earned service.
Early retirement penalties may apply.