COLUMBIA, S.C. (AP) — South Carolina's public employees and retirees will pay more for their health care next year after all, despite legislators passing a budget that covered their premium hikes.
The Budget and Control Board voted 3-2 Wednesday to split the cost of the increase between workers and their employers, which include agencies, school districts and public colleges. Both workers and employers will pay 4.6 percent more starting Jan. 1.
The rare, surprise move bucks the 2012-13 fiscal year budget. Critics called it purely political.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
