SystemC is committed to support the requirements for an integrated, HW/SW codesign flow, thus allowing the development of complex, multiprocessing, Systems-on Chip (MpSoC). To make this possible, efficient modeling and simulation methodologies for RealTime, Embedded (RT/E) SW in SystemC have to be developed, so that the designer can verify and refine the application SW together with the rest of the elements of the platform. Accurate modeling of the application SW requires an accurate model of the RTOS. Nevertheless, low-level, dynamic timing characteristics of the RTOS such as time-slicing, priority-based preemptive scheduling, interrupts and exceptions do not have a direct implementation in SystemC.In this paper, techniques are proposed to accurately model the detailed RTOS functionality on top of the SystemC execution kernel. The model allows timed-simulation and refinement of the RT/E SW code in SystemC. The simulation technology has been applied to the development of a high-level, POSIX simulation library in SystemC. The library allows the designer a fast, sufficiently accurate, timed simulation of the application SW running on top of POSIX. As most current RTOSs support this standard, the library is portable to different development frameworks. The library provides the required infrastructure for a complete, H. Posadas ( ) .