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Terms Used In South Carolina Code 9-16-710

  • Participant: means an individual who is or has been an employee enrolled in a retirement program and who is or may become eligible to receive or is currently receiving a benefit under the program. See South Carolina Code 9-16-10
Notwithstanding an employee’s right to obtain educational and administrative services from independent companies or vendors, or both, that offer products in the state’s retirement plans, the South Carolina Retirement Systems may provide unbiased investment education services including, but not limited to, instructional videos identifying plan types, plan provisions, and plan differences to any participant in any of the state’s retirement plans.