South Carolina House and Senate members are meeting to try to compromise on a plan to reform public workers' pension system.

The ERISA Advisory Council is looking for interested individuals to fill five vacancies. Nominations are due by Aug. 3.

Perhaps a decision to move Illinois public employees into a hybrid 401(k)-style program and gradually remove state funding could offer a solution to Illinois' woes.

Shareholder groups, including the nation's two largest public pension funds, and key proxy adviser firms have called for the removal of several board members, including CEO Mike Duke and former CEO Lee Scott.