Tag Archives: Public Employee Benefit Authority

Lots of hands in S.C. pension and health insurance cookie jars

August 28, 2019

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By RICK BRUNDRETT When it comes to receiving taxpayer-funded state retirement and health insurance benefits, lots of folks have their hands out – and it’s not just government employees. Certain nonprofit organizations and quasi-government groups participate in the state pension and health insurance systems, which mainly cover state, county and local government agencies, as well […]

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S.C.’s massive debt load partly based on misleading state finance report

March 15, 2019

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By RICK BRUNDRETT When it comes to debt, the state of South Carolina is swimming in billions of it. Yet an important report on the state’s finances, issued by Comptroller General Richard Eckstrom – the state’s chief accountant – and considered a key document by credit rating agencies in evaluating state debt, according to an […]

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Big pay hike sought by S.C. judges also would fatten their retirement wallets

December 11, 2018

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south carolina judicial department, judiciary

By RICK BRUNDRETT A little-known state law allows eligible judges in South Carolina to receive generous retirement pay for as much as a dozen years at the same time they’re collecting their regular six-figure salaries. S.C. Supreme Court Chief Justice Donald Beatty, who heads the state Judicial Department, is now asking for a 33-percent pay […]

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