December 12, 2011
SC legislators give initial OK to pension reform
A legislative panel has initially approved a plan to fix South Carolina's pension system.
A House subcommittee unanimously approved the rough draft Monday. It includes increasing the number of years public employees must work to draw full retirement from 28 years to 30.
The proposal would also tie retirement to age. Workers could not draw full retirement until age 62. A reduced benefit would be an option at 60...
LINK - WISTV.com
