South Carolina Code 9-15-20. Payments for annuity contracts considered income
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In South Carolina Code 9-15-20
- Contract: A legal written agreement that becomes binding when signed.
The amounts so paid for any such contract shall be considered as payment of salary to such employee for purposes of the Teachers’ Retirement System, State aid, Social Security, State income taxes and other State purposes.