COLUMBIA, S.C. (AP) — The South Carolina Senate on Wednesday approved a pension reform plan that puts most of the changes on new employees.
Sen. Greg Ryberg said the bill shores up the state retirement system, ensuring workers receive checks decades from now, in a way that honors promises to current employees, thereby avoiding a lawsuit. Advocates for public workers have praised the Senate's plan.
"I feel confident from a legal standpoint, we're on firm ground," said Ryberg, R-Aiken, who led a panel that put together the plan.
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