South Carolina elected officials claim to be restructuring government, but is anything changing? Are we moving toward real separation of powers, or is the status quo being preserved? Below are the major problems with the current plan, and the solutions that would finally make South Carolina’s government fully accountable to the citizens. Bonding authority Problem: …
The Senate is currently debating potentially the most important government restructuring legislation in decades (H.3066). The bill is intended to concentrate accountability by separating executive from legislative functions. But what’s “intended” and what gets signed into law are often two different things, and for that reason it’s worth taking a closer look at what the bill would actually do and whether it can be improved.
South Carolina taxpayers currently face serious long-term financial challenges based upon a review of the July 1, 2008actuarial report of the largest statewide pension plan – the South Carolina Retirement System (SCRS). This plan covers 192,820 active members in addition to 259,560 non-active members[1].
Tag: Retirement
Government restructuring – Reform or status quo?
Updated on April 2, 2013 by South Carolina Policy Council
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South Carolina elected officials claim to be restructuring government, but is anything changing? Are we moving toward real separation of powers, or is the status quo being preserved? Below are the major problems with the current plan, and the solutions that would finally make South Carolina’s government fully accountable to the citizens. Bonding authority Problem: …
Category: Commentary, Reform & Restructuring, Self Governance Tags: Budget and Control Board, Legislative Reform, Retirement
Restructuring Done Right, Part II – A guide for the perplexed
Updated on April 2, 2013 by South Carolina Policy Council
4 Comments
The Senate is currently debating potentially the most important government restructuring legislation in decades (H.3066). The bill is intended to concentrate accountability by separating executive from legislative functions. But what’s “intended” and what gets signed into law are often two different things, and for that reason it’s worth taking a closer look at what the bill would actually do and whether it can be improved.
Category: Reform & Restructuring, Research Tags: Budget and Control Board, Legislative Reform, Retirement
Long-Term Liability Challenges for South Carolina Taxpayers
Updated on March 19, 2012 by South Carolina Policy Council
1 Comment
South Carolina taxpayers currently face serious long-term financial challenges based upon a review of the July 1, 2008actuarial report of the largest statewide pension plan – the South Carolina Retirement System (SCRS). This plan covers 192,820 active members in addition to 259,560 non-active members[1].
Category: Budget Tags: Retirement