State Treasurer Loftis: Pension paying too much in fees : News : MidlandsConnect.com

South Carolina Treasurer Curtis Loftis says the state pension system is underperforming and paying too much in fees.Loftis is to testify Tuesday to a Senate Finance subcommittee. Legislators are looking to reform the pension system to make it more secure. Possibilities include requiring public workers to contribute more of their salary to their retirement benefits

More Columbia News Photos

State senator honoring South Carolina's fallen soldiers

15 minutes ago Lexington County Senator Katrina Shealy hosted a luncheon Monday for seven of South Carolina's soliders who gave their lives while serving our country.

read story

view photos

Democrats criticize Gov Haley for state plane use

Thursday, May 16, 2013 Democrats accuse Gov. Nikki Haley of misusing the state's planes by taking her campaign-paid videographer with her on flights around South Carolina.

read story

view photos

watch video

Senior hunger target of auto maker, Lt. Gov. McConnell

Thursday, May 16, 2013 South Carolina Lt. Gov. Glenn McConnell, the state's future leaders and the Honda Motor Co. are targeting hunger among the state's senior citizens.

read story

view photos

Ready to buy a car? A behind the scenes look at the process

Tuesday, May 14, 2013 The car buying process can often one that is among the most stressful of situations, between selecting the right car, figuring out payments, and of course, the stereotypical car salesman who will do most anything to “put you in a car today.”

read story

view photos

watch video

DSS, SC hospitals sued over gender assignment surgery

Tuesday, May 14, 2013 It’s a lawsuit that is raising some eyebrows across South Carolina. The state is being sued after being accused of performing an unnecessary sex change surgery.

read story

view photos

watch video

Camden motorcyclist killed in crash while fleeing deputies

Monday, May 13, 2013 Authorities say a motorcyclist traveling at speeds of more than 100 mph died in a crash near Camden as he fled Kershaw County deputies.

read story

view photos

watch video

Ex-Pentagon chief Gates addressing USC graduates

Friday, May 10, 2013 Former Defense Secretary Robert Gates addressed graduates of the University of South Carolina Friday.

read story

view photos

Number of college grads making minimum wage up by 70%

Thursday, May 09, 2013 Getting a good job after college could be harder than college itself. There were 284,000 college graduates working for minimum wage in the past year, according to the Labor Department.

read story

view photos

watch video

Richland County shooting sends one man to hospital

Thursday, May 09, 2013 One man was taken to the hospital Thursday evening with multiple gunshot wounds, according to the Richland County Sheriff's Department.

read story

view photos

Family of American Idol's Candice Glover excited about the competition

Wednesday, May 08, 2013 Janet Parker had the chance to visit with one of the American Idol contestants, Candice Glover, and her family in Beaufort, South Carolina last Saturday.

read story

view photos

watch video

Ex-SC Gov. Sanford back in political office

Wednesday, May 08, 2013 Former South Carolina Gov. Mark Sanford has redeemed a political career sidelined by scandal by winning his old congressional seat.

read story

view photos

more photos