Bankruptcy Exemption Citations
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← South Carolina Pensions & Retirement Savings Exemptions

Exemption: Police officers

Citation: Stat. - S.C. Code Ann. § 9-11-270

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S.C. Code Ann. § 9-11-270 :
Article 1. South Carolina Police Officers Retirement System

� 9-11-270. Allowances and other rights are exempt from taxation and legal process; exceptions; assignment.

Except as provided in Section 8-1-115 and subject to the doctrine of constructive trust ex maleficio, the right of a person to retirement allowance or to the return of contributions, a retirement allowance itself, any optional or death benefit, or any other right accrued or accruing to a person under the provisions of this chapter, and the monies of the system are exempted from any state or municipal tax, except the taxes imposed pursuant to Chapters 6 and 16 of Title 12, and exempted from levy and sale, garnishment, attachment, or any other process, and are unassignable except as specifically otherwise provided in this chapter.
Last Amended: 2008
2008
HISTORY: 1962 Code � 61-345.5; 1962 (52) 1933; 1974 (58) 2032.

HISTORY: 1989 Act No. 189, Part II, � 39F, eff for taxable years beginning after 1988 and with respect to estates of decedents dying after 1988 (approved by the Governor June 8, 1989); 2001 Act No. 16, � 5, eff April 10, 2001.

The 2008 amendment added exceptions in the first sentence and added the second sentence excepting authorized deductions from a retirement allowance.
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