Possible Changes to Pension Plans

Columbia, SC (WOLO) — Legislators say you can expect more changes when it comes to South Carolina’s pension plan for public workers.

Governor Henry McMaster said he wants to abandon the pension plan and only offer new state employees a 401-k style retirement plan. However, State workers are not on board.

Employee advocacy groups say they want to preserve our State’s Pension Plan because it’s one of the few perks of working for south Carolina’s State Government.

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