Not Finished with Pension Reform Yet

Tax & Budget
May 12, 2017

One in nine South Carolina residents are served by the Palmetto State’s public pension plans. The woefully underfunded system was the topic of much debate in the General Assembly and at the end of April, Governor McMaster signed a bill raising contribution rates into the system for both employees and employers. Because taxpayers are the

Public Pension Peril

Tax & Budget
November 2, 2016

When it comes to funding its public pension program, South Carolina is short $74,095,092,870 according to a new American Legislative Exchange Council (ALEC) report.