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South Carolina Legislature Passes Pension Reform Bill
Pensions & Investments Link to more items from this source
Apr. 10, 2017

"[T]he new law ... would increase the employer contributions to the state pension fund 2 percentage points to 13.56%. For employers contributing to the Police Officers Retirement System, the 2 percentage point increase will raise the contribution rate to 16.24%. Both employer contribution rates will increase after fiscal year 2018 by an additional 1 percentage point per year through the end of the 2023 fiscal year."

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