Palmetto Freedom Agenda 2025-26

Free Market & Economic Opportunity

FIX THE STATE RETIREMENT FUND

Close the Unfunded Liability Gap

According to Pew’s Fiscal 50 analysis, for FY 2021 South Carolina underfunded the state employee retirement fund by $90.6 million.

 

Unfunded pension liabilities increased by 33.1 percentage points between fiscal years 2007 and 2021. Progress has been made, but a permanent fix is needed to make the system fiscally sound into the future.

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