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S 0675 - Makes changes to the state retirement system

Tracking Level: Of Interest
Sponsor: Finance
Last Action: 5/5/2015 - House - Referred to Committee on Ways and Means
Senate Committee:
Assigned To:
RetirementNext Bill

Staff Analysis of the Legislation

Summary of the bill as introduced: Replaces the State Budget and Control Board as a trustee in the state retirement system with the Retirement Investment Commission. The bill also requires PEBA to hold the assets of the retirement system in a group trust.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

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Municipal Association of South Carolina
1411 Gervais St., PO Box 12109, Columbia, SC 29211
Phone: 803.799.9574, Fax: 803.933.1299,