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- Active SCRS members eligible for service retirement may participate in the TERI program , which allows an SCRS member to retire and begin accumulating his or her retirement annuity on a deferred basis without terminating employment. SCRS members must file a retirement application to elect TERI participation, select a payment plan, and designate retirement beneficiaries.
South Carolina Retirement Systems - Cite This Source - This Definition
- Beneficiary or Beneficiary Payee, Contingent beneficiary, Deferred annuity, Payment Plan, Retirement Annuity