The South Carolina National Guard Retirement System (SCNG Plan) is a defined benefit retirement plan that provides supplemental benefits to National Guard members who served in South Carolina.
Membership in the SCNG Plan is available to every member of the South Carolina National Guard.
You do not make contributions to the SCNG Plan. Each year, the South Carolina General Assembly sets aside the required contributions as part of its annual appropriations bill.
As a National Guard member, you are considered a federal employee; therefore, the benefit the state provides through the SCNG Plan is intended only to supplement the retirement benefit you receive or will receive from the federal government. Depending on your years of service in the National Guard, you may qualify to receive between $50 and $100 per month.
To qualify for an SCNG Plan benefit, you must:
- Be separated from service with an honorable discharge from the South Carolina National Guard;
- Be at least 60 years of age; and
- Have at least 20 years total creditable military service.
At least 15 of your 20 years of creditable military service must be from service in the South Carolina National Guard, and the last 10 years of creditable military service must be from service in the South Carolina National Guard.
Planning for your future
PEBA’s retirement awareness series, Be Aware and Prepare, provides you with information that can help you make smart decisions about your financial future. Regardless of how we define retirement awareness, PEBA believes it’s important to plan for a secure financial future and think about what life will be like after you quit working. We encourage you to use these resources and act now to help secure your financial future.