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It’s a move that would cost the state an additional $95,000 a year, plus a one time cost of $1.1 million to cover the additional unfunded liability. The attorney general’s retirement benefits ...
The state doesn’t tax Social Security benefits and offers large exclusions on all other retirement income. Starting at ages 62, seniors can exclude $35,000 of their taxable retirement income. At ...
South Carolina state employees can expect a pay raise of $2,500 or 5%, whichever is higher, state budget writers have decided. With $800 million in additional money available to disburse in what ...
State Credit Union, a federal credit union commonly known as "State Credit Union," is headquartered in Columbia, South Carolina. It is the sixth largest credit union in the state measured by asset size, according to National Credit Union Administration [2] reports as of September 2010. State Credit Union serves over 100,000 members and has ...
[10] [21] In particular, the SFAA acquires insurance for state agencies and local governments, procures goods and services for the operations of state government, and oversees the construction and maintenance of state buildings. [22] [23] In addition, the SFAA appoints South Carolina's state auditor to serve at pleasure. [24] [b]
The state treasurer is the chief banker and investment officer of the state of South Carolina. [2] [3] As such, the state treasurer manages the cash flows and investments of all state funds and, in so doing, safeguards their assets. In 2022, the state treasury's custodial fund balances were approximately $2.8 billion.
The pay raise will cost the state $61.5 million more a year and is part of a nearly $14.5 billion budget now headed to the General Assembly for an up or down vote. Employees earning more than ...
The state auditor is appointed by the South Carolina State Fiscal Accountability Authority. [1] The current State Auditor is George L. Kennedy, who was appointed in 2015. [2] [3] The State auditor cannot be fired. [4] The State Auditor's office has a budget of $8,746,044 for the 2024 fiscal year, with the State Auditor being paid $165,872 ...