[{"_1":2,"_100":-5,"_101":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76,88],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6346244,"mediaKeyId","2247193-5a09c23a252e2d46502bf14d2d1980a8","parentId",2247193,"title","State Fiscal Accountability Authority requests $3.2M to complete SCC Pro procurement integration with SKIS","audioSeconds",253,"startMs",2059000,"endMs",2312000,"viewUrl","/Search/View?dp=1&key=2247193-5a09c23a252e2d46502bf14d2d1980a8&start=2059&end=2312","thumbnailUrl","https://assets.pipeline.soar.com/2247193-5a09c23a252e2d46502bf14d2d1980a8/thumbnail_2059000.jpg","articleUrl","/articles/6346244/South-Carolina/State-Fiscal-Accountability-Authority-requests-32M-to-complete-SCC-Pro-procurement-integration-with-SKIS","mediaUrl","https://secure.pipeline.soar.com/6346244-69881ce1019756e52b90b6670d1ecc14/orig.mp4?Expires=1771187826&Signature=SvI8706EESH-5RAfpRU6EkCG-1BMkownwpQFBQh5~hwcygiKCf9xw~dv-hdhhcW7AKgaNeOwCR3wTHOJsHhZOQpm8yUNfvlpwzL2UV1i8pbmyyLBJ3BQZBGQGSPzVZvVNLDom4OBYNRoZw~2SuidI4WfSG4KhTibggNIFRsAe8-8BsgkWxBeVeQoOLA2QOHBjxggCuzFgbs~WiCAzmQ9JE-e5OnEvZWiK4hroQUddn9ufoIbUsNhrfiKyvtuqzn0aVjKvBl~Pwt9OwFaYQBPMIGTcvxriwuH4fj6FWO0ZLtydZfWO1AoMRKVcKoBaJmkRLAMbPUkiDRLXUMOtwb9~A__&Key-Pair-Id=KUT5TJCACFTXG","author","Constitutional Subcommittee Meeting of the House Ways and Means","date","2025-02-05T00:00:00Z","article","Grama Gillespie, executive director of the State Fiscal Accountability Authority (SFAA), asked the Constitutional Subcommittee for a $3,200,000 nonrecurring appropriation to complete SCC Pro, the agency’s purchasing modernization project that integrates the state purchasing module with the SKIS system.

Gillespie said the effort has been under way about 18 months and that the requested funds are needed because the project’s scope changed during implementation. “What it'll do in terms of efficiencies is greater transparency,” she said, describing benefits such as better data on purchases, improved negotiating leverage when renewing contracts, and the ability to bring local governments and higher education institutions into the purchasing platform indirectly so they can piggyback on state contracts.

Gillespie told the committee the request covers the additional technical work required to complete “wave 2” of the implementation and that, absent funding, the agency would need to negotiate extensions with SKIS and vendors (she identified KPMG as a contractor) and could face a breach-of-contract risk. She said the SFAA has used nonrecurring cash and carryforward funds to date and needs an appropriation to finish the integration.

Committee members asked whether the project ties to recent reviews of the SKIS system and whether the request would enable local governments and higher education to make fuller use of SKIS purchasing functionality. Gillespie said the SCC Pro work is the purchasing-component integration and that successful completion would allow broader participation; additional integrations would be required for other SKIS functionality.

No formal vote was taken; the request was presented for committee consideration during the budget process.","mediaType","Video","parentTitle","House Ways and Means Committee -- Constitutional Subcommittee Meeting of the House Ways and Means Committee 02/05/2025","oneSentenceSummary","Grama Gillespie, executive director of the State Fiscal Accountability Authority, told the Constitutional Subcommittee the agency needs $3,200,000 to finish SCC Pro, a procurement-system modernization that integrates the state purchasing module with SKIS and expands participation to local governments and higher education.","taxTitle","Constitutional Subcommittee Meeting of the House Ways and Means Committee, Ways and Means, Standing, HOUSE OF REPRESENTATIVES, Committees, Legislative, South Carolina","taxId",78545,"location","South Carolina","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":81,"_47":82,"_49":83,"_51":84,"_53":85,"_55":56,"_57":58,"_59":86,"_61":62,"_63":64,"_65":87,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6346249,"PEBA outlines three funding options for state health plan; base requirement $77.44M, employer request includes $4M authorization increase",447,725000,1172000,"/Search/View?dp=1&key=2247193-5a09c23a252e2d46502bf14d2d1980a8&start=725&end=1172","https://assets.pipeline.soar.com/2247193-5a09c23a252e2d46502bf14d2d1980a8/thumbnail_725000.jpg","/articles/6346249/South-Carolina/PEBA-outlines-three-funding-options-for-state-health-plan-base-requirement-7744M-employer-request-includes-4M-authorization-increase","https://secure.pipeline.soar.com/6346249-3c7733c756a59cd7973d48dbfe62f063/orig.mp4?Expires=1771187826&Signature=nC-~urANGKrkk4fSmc14eiJs9OmezvAMBn1PWbl8iSP~5NMWowkydcaE0N3mlYG4mobkTHgCwfJQ3-emTMSZapT53~9kIWlp0RxpP-ZBffhQ1XyE-~jpxEYAXxi3huYYNW14aOFROGTqmaz0oGKLFQdcyaN77kDBONkgruCZNXntel0U1CFdlwiBDJxSSl0JX7hXz727~3u95i1j1piDC6AYqZXquooPv2IWz4iIEvYfrHdg6Br4-hQWo5-~L7gNXiZ5T5YAZXnvpTbz1-dFP~3ttUboRMtC5jmQkrj71OyAM9bg6JEuFMLzaT0HVW-FxvlYSTDyM83nY4VhqS7cEw__&Key-Pair-Id=KUT5TJCACFTXG","Peggy Boykin, director of the Public Employee Benefit Authority (PEBA), told the Constitutional Subcommittee that the state health plan covers roughly 10% of South Carolina’s population and 543,579 lives in total. She presented three budget options for legislators to consider for the 2026 plan year and asked the committee to authorize a $4,000,000 increase in PEBA’s authorization to cover higher employer contributions.

Boykin said the plan covers about 307,000 subscribers: roughly 210,000 active employees, about 94,000 retirees and 3,000 others (COBRA and survivors). She said the plan includes more than 90,000 spouses and more than 145,000 children. On funding, Boykin described the plan’s base annualization as $75,862,000 plus $1,579,000 attributed to net retiree growth, for a total base requirement of $77,440,000.

PEBA projected a 3.9% increase in claims expense for the 2026 plan year. Boykin presented three options:

- Split the 3.9% evenly between employees and employers, which would add $29,166,000 to the base and result in an appropriations-line requirement of $106,607,000; employees would see an average increase of about $5.92 per month.
- Employers pick up the entire 3.9%, increasing the state cost by $34,794,000 for a line requirement of $112,234,000; employees would see no increase.
- Place the full increase on employees; PEBA calculated that would be about $36.76 per month per enrollee and would allow the plan to remain grandfathered under federal rules.

Boykin also provided an internal allocation of the employer-pays option across participant groups: roughly $23,000,000 tied to state agencies, almost $47,000,000 tied to school districts and roughly $41,000,000 tied to retirees. She noted statutory differences in how school districts are funded and said PEBA does not set those statutory funding rules.

On operating costs, Boykin said PEBA’s internal employer contribution costs have increased by about $4,000,000 over the last decade as employer retirement and health contributions rose; she asked the committee to increase PEBA’s authorization by that amount. The governor’s budget reportedly included that authorization increase, she said.

Committee members asked whether claims experience could be used to price participation by agency; Boykin said local governments are experience-rated today but that experience-rating state agencies, colleges and schools would likely require statutory or policy changes.

No formal committee vote took place during the hearing; the presentation provided data for budget deliberations.","Peggy Boykin of the Public Employee Benefit Authority presented plan membership data and three funding options for the state health plan. PEBA proposed increasing its authorization for employer contributions by $4 million and outlined impacts on employees, agencies and school districts.",{"_33":89,"_35":36,"_37":38,"_39":90,"_41":91,"_43":92,"_45":93,"_47":94,"_49":95,"_51":96,"_53":97,"_55":56,"_57":58,"_59":98,"_61":62,"_63":64,"_65":99,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6346254,"Retirement investment commission asks legislature to keep $16.5M authorization, cites $4 billion in excess value since 2020",500,44000,544000,"/Search/View?dp=1&key=2247193-5a09c23a252e2d46502bf14d2d1980a8&start=44&end=544","https://assets.pipeline.soar.com/2247193-5a09c23a252e2d46502bf14d2d1980a8/thumbnail_44000.jpg","/articles/6346254/South-Carolina/Retirement-investment-commission-asks-legislature-to-keep-165M-authorization-cites-4-billion-in-excess-value-since-2020","https://secure.pipeline.soar.com/6346254-8844219050f931ed71c858970920def5/orig.mp4?Expires=1771187826&Signature=IfoUcbpDy0K96UU~qzZgpjei2gOF52I1ZVfWYNzGeU9ZyWGo0aZtTv1nxMk7oh5TwWXBR5IjlwUlaAP0eaqE4xse045TPgWFTeR1cmOt-aBOUrByyA4~my~bbLZ4Mu9Mvyl6IirIqER6JOpBPUfaS4AAixTLEJ47WYn5PSUUAyKBoHZMrH~i2~UxAhooTwmIQQcwXbAlTLyLnegBsQXIOFiAFHE1nAZBtEKotjTk2Tt-z2JMbEynbQYs17z6LIUqt6tuiq4Rr90ufywZIyjOOw6b~~H74jSgp4DLyGlBMbH~V1Wp69n1PMiEs4XPd0xB66XRv6YKMsDJ9oR98-Dr~Q__&Key-Pair-Id=KUT5TJCACFTXG","Mike Hitchcock, representing the Retirement System Investment Commission, told the Constitutional Subcommittee of the House Ways and Means Committee in 2025 that the commission is asking the General Assembly to maintain last year’s authorization of roughly $16,500,000 rather than increase it.

The request came with a summary of recent portfolio changes and performance. Hitchcock said the commission simplified its asset allocation in 2020 from about 18 asset classes to five and that “over the past 4 years … our staff has added a $4,000,000,000 in excess value above our commission’s investment benchmark and it's cost us about $50,000,000 to operate.” He told members the commission manages the funds on behalf of roughly 650,000 beneficiaries and is requesting authority, not appropriations, because the activities are funded by the trust funds the commission manages.

Hitchcock described the simplified allocation targets as roughly 46% public equity, 26% bonds, 12% real assets (public and private real estate and infrastructure), 7% private debt and 9% private equity. He said the change let staff focus resources on a smaller number of asset classes that have driven recent outperformance.

On provisos, Hitchcock asked the committee to: update a date reference that suspends a fiduciary audit requirement; retain an exemption from procurement for the commission’s custodial banking arrangement while the commission runs an RFI for custodial services; and delete a proviso added last year that required the commission to present a one-time report to the General Assembly (he said that report has been submitted and the proviso is no longer needed).

Committee members asked for details about where the portfolio allocations were changed and about the role of the 2017 pension reform. Hitchcock credited the 02/2017 pension reform bill for moving amortization schedules and funding assumptions, saying it has had a substantial positive fiscal impact. He reported that, as of the 2024 actuarial valuation, the system’s amortization has fallen from an expected 23 years to 14 years for the South Carolina retirement system and 13 years for the police officers’ system — “9 to 10 years ahead of schedule,” he said.

No formal vote was taken; Hitchcock’s presentation was received as informational and the commission’s requests were presented for committee consideration.","Mike Hitchcock told the Constitutional Subcommittee the Retirement System Investment Commission seeks to maintain its roughly $16.5 million authorization, highlighted a simplified asset allocation and reported about $4 billion in excess value above benchmark since a 2020 reallocation.","actionData","errors"]

Article not found

State Fiscal Accountability Authority requests $3.2M to complete SCC Pro procurement integration with SKIS

PEBA outlines three funding options for state health plan; base requirement $77.44M, employer request includes $4M authorization increase

Retirement investment commission asks legislature to keep $16.5M authorization, cites $4 billion in excess value since 2020