Politics & Government

Today at the State House: starting with the pension shortfall

Today is the day. South Carolina’s legislators return to the State House today for the beginning of the 2017-18 session.

Lawmakers have no shortage of issues to address during their four-month stay in Columbia, but the first item they will take up today is the pressure on the pension system for state employees.

A joint committee of House and Senate members are meeting to discuss how to plug the roughly $20 billion shortfall in the pension system. The State Fiscal Accountability Authority has already approved an increase in the amount employees have to contribute to their own retirement.

Here’s a rundown of today’s meetings.

▪ 9:30 a.m. Joint Committee on Pension Systems Review, Gressette Room 308

▪ 10 a.m. SC Legislative Black Caucus, Blatt Room 427

▪ 10 a.m. Education Oversight Committee Academic Standards and Assessments Subcommittee, Brown Building Room 467

▪ 10 a.m. House Legislative Oversight Committee, Blatt Room 516

▪ 10:30 a.m. Ways and Means Higher Education and Technical Schools Budget Subcommittee, Blatt Room 511

▪ 11 a.m. House Majority Caucus, Blatt Room 112 (will resume after the House adjurns)

▪ 11 a.m. House Minority Caucus, Blatt Room 305 (will resume after the House adjurns)

▪ (Upon adjournment of the House) Ways and Means Higher Education and Technical Schools Budget Subcommittee, Blatt Room 511

4 KEY DATES

For the S.C. legislative session that starts Tuesday

Tuesday: First day of session

Wednesday: Gov. Nikki Haley delivers her last State of the State speech

Feb. 20: S.C. House Ways and Means committee begins its budget deliberations, ultimately developing a spending plan that goes to the full House and, later, the state Senate

May 11: Last day of the regular session

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