The South Carolina Public Employee Benefit Authority (PEBA) Retirement Benefits manages retirement plans for South Carolina's public workforce by serving as the fiduciary stewards of the contributions and disbursements of the pension trust funds. In partnership with the state's public employers, we help ensure that they can offer their employees a comprehensive retirement plan that is responsive to their needs and is equitable to all stakeholders. For more information, please contact Customer Services at 803-737-6800, toll free at 800-868-9002 (within S.C. only), or use our online contact form.
Retirement benefits are brought to you through the S.C. Public Employee Benefit Authority (PEBA). Visit PEBA's website to learn more, including the composition of the PEBA Board and biographies of the Board members.
ACA's Employer Mandate Delayed Until 2015
On Tuesday, July 2, 2013, the Obama Administration delayed the shared responsibility provision of the Affordable Care Act (ACA) until 2015.
Also known as the “Play or Pay” mandate, the provision requires “Applicable Large Employers” to offer health coverage to all employees, including temporary employees, who work an average of 30 hours or more per week. The coverage also must be affordable and provide a minimum level of coverage. Employers who do not meet these requirements could be assessed fines.
The Administration promised detailed transition regulations regarding this change within a week. In the meantime, PEBA Insurance Benefits is studying how this delay will affect employers, and guidance specifically for benefits administrators will be released when details are finalized.
The U.S. Department of the Treasury posted this bulletin regarding the delay.
PEBA is Serious about Protecting Member Information - Learn more about how PEBA is working to keep your personal information safe and secure.
Deferred Compensation Commission's Investment Committee to Meet
The S.C. Deferred Compensation Commission's Investment Committee will meet Monday, November, 25, 2013, at 2:00 p.m. The meeting agenda can be viewed here.