Yesterday's Greenville News weighed in on a strange addition to the 2008 budget bill that blocks the public from knowing what lawmakers -- and others -- collect in retirement benefits. In this era of transparency -- and the avoidance of it -- the News explains why that hidden change in the law was so important:The South Carolina Legislature has done it again: It has passed a law that few
Showing posts with label retirement. Show all posts
Showing posts with label retirement. Show all posts
Thursday, March 8, 2012
Tuesday, March 6, 2012
Educators win major pension victory -- in Florida
Posted on 1:32 PM by Unknown
Hooray for Florida's educators and public employees. Thanks to a lawsuit filed last year by the Florida Education Association, changes made by the legislature to the public employee pension system have been blocked.TALLAHASSEE – Circuit Court Judge Jackie Fulford ruled today in favor of the Florida Education Association in its lawsuit on public employees’ mandatory pension “contribution.”
Last
Last
Monday, February 20, 2012
Retired public employees blamed for budget instability
Posted on 8:39 PM by Unknown
The way the dialogue is being framed tells the tale; we can see from a mile away who the bad guys are going to be:South Carolina taxpayers should expect the amount of money they pump into the state pension system to increase in the coming years as the program struggles to close a widening $13 billion shortfall.
At the same time, the state might be forced to shift resources from areas such as
At the same time, the state might be forced to shift resources from areas such as
Could charter school employees lose state retirement benefits?
Posted on 11:42 AM by Unknown
No, this isn't a new proposal from Governor Nikki Haley, though she may adopt it soon. This comes out of the blue, from a charter-school advocacy group's website.A little-noticed proposed change in Internal Revenue Service regulations could have devastating effects for charter school teachers by making them ineligible for state retirement plans, and they could stand to lose much of the money that
Monday, July 25, 2011
Other states' retirees are welcome, but not our own, in Horry
Posted on 12:37 PM by Unknown
We've all heard that the road to hell is paved with good intentions.
That's what came to mind after reading an item in the Myrtle Beach Sun-News about a new policy to purge the Horry County School District's central office of its at-will employees. Maybe the intention is noble -- the superintendent says the move will open up advancement opportunities for others -- but something smells very bad
That's what came to mind after reading an item in the Myrtle Beach Sun-News about a new policy to purge the Horry County School District's central office of its at-will employees. Maybe the intention is noble -- the superintendent says the move will open up advancement opportunities for others -- but something smells very bad
Posted in at will, Horry County, retirement, right-to-work-for-less, TERI, unemployment
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Thursday, June 30, 2011
Will Haley's book feature a chapter on veto overrides?
Posted on 12:26 PM by Unknown
Really, a book?
Her Excellency, Governor Nikki Haley, has been in office slightly more than five months.
In that time, she has booted the state university's largest benefactor in history from the board of trustees and replaced her with a campaign contributor. See Moore, Darla.
She fired the state's popular and effective retirement system director and quickly named a replacement without
Her Excellency, Governor Nikki Haley, has been in office slightly more than five months.
In that time, she has booted the state university's largest benefactor in history from the board of trustees and replaced her with a campaign contributor. See Moore, Darla.
She fired the state's popular and effective retirement system director and quickly named a replacement without
Sunday, June 19, 2011
Haley excludes retirees from meeting with bond agency
Posted on 11:20 AM by Unknown
Back in March 2010, Rep. Nikki Haley delivered a speech to the Spring Valley Rotary Club in Columbia titled "Transparency in State Government." One presumes, as she was taking on several more-experienced opponents in her party's gubernatorial primary, that Haley was "for" transparency. But no record exists of the speech, so we're left to wonder.
It's a fact that Haley ran in that primary, and
It's a fact that Haley ran in that primary, and
Thursday, June 16, 2011
Griswold: Protecting retirement benefits requires vigilance, participation
Posted on 7:41 AM by Unknown
As president emeritus of State Retirees Association, Sam Griswold is one of the most trusted voices in South Carolina on issues related to the South Carolina Retirement System. Sam has drafted a year-end summary of legislative activities from the 2011 session and new developments affecting retirees (and those who hope one day to retire), and it bears reprinting and sharing with others.
Sam
Sam
Posted in Budget and Control Board, Nikki Haley, retirement, Sam Griswold, Vincent Sheheen
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Wednesday, April 6, 2011
Retired educator defends public employee pensions
Posted on 3:50 PM by Unknown
In what society must we defend the rights of retired public educators and other employees to their pensions?
Ours.
Retiree Martha Serensits of Ocean Isle Beach, North Carolina, had a great letter published in the Myrtle Beach Sun-News on Sunday, and it's well worth re-posting here, to give moral support to our own beleaguered retirees and close-to-retirees.
In response to an antagonist's text
Ours.
Retiree Martha Serensits of Ocean Isle Beach, North Carolina, had a great letter published in the Myrtle Beach Sun-News on Sunday, and it's well worth re-posting here, to give moral support to our own beleaguered retirees and close-to-retirees.
In response to an antagonist's text
Sunday, April 3, 2011
Will state employees have retirement security or not?
Posted on 3:39 PM by Unknown
Bill Davis, editor of the Statehouse Report, published an item on the state's retirement plan more than a week ago, and I'm curious about how his analysis squares with that of Sam Griswold, whose judgment on retirement system questions is impeccable. Griswold wrote, here, about the competing legislation to make changes to the retirement system, especially for new state employees' benefits, and
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