LEFT: Photos taken during the Unification Dinner in Columbia on April 1. Use the arrows to move through the slides manually. RIGHT: Unification Video of the merger between SC Education Association and Palmetto Education Association. For better viewing, use sound and full screen mode.
MARCH 26, 2017
BERNADETTE R. HAMPTON
COLUMBIA, SC - The state Senate’s plan to eventually close the state employee pension fund for future employees and place them into a risky, inefficient 401(k)-style plan is the wrong direction for South Carolina, and the House should reject this idea.
Lawmakers could end state pension plan for new employees 9% pension rate cap for SC public workers soon could be law.
Pensions remain the best way to provide a secure retirement for all workers. A handful of states have abandoned pensions for what are called defined-contribution (as opposed to defined-benefit) plans and have suffered the consequences. According to the National Institute on Retirement Security, a typical defined-contribution plan costs the state 91 percent more than a typical defined-benefit plan. Click to read more ...
|NEWS & INFORMATION|
Press Release The SCEA Supports Pension Bill
President Hampton: Consolidate Small Districts for the Right Reason
President Hampton: 401k Style Plan is Not the Answer for SC Teachers
Why Pensions Matter
Peru through the Eyes of a "Hopeful" Traveler
Track Bills Related to Education
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|DATES & EVENTS|
4/14-17 Offices Closed-Easter
5/9 National Teacher Day
5/29 Offices Closed-Memorial Day
7/3-7 Offices Closed-July 4th
7/10-14 The SCEA EdSummer
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4/3 Nat'l Board Awareness - Rock Hill Info
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