The South Carolina Retirement Systems produces more than benefits-related information. Below you will find links to our annual financial reports and actuarial valuations, legislative updates, accounting and financial reporting information, and a link to the South Carolina Retirement System Investment Commission’s website.
Financial Information
Comprehensive Annual Financial Report (FYE11)
Browse CAFR by Section
Popular Annual Financial Report (FYE11)
Pension Fund Audit Disclosure (FYE11)
Annual Actuarial Valuations
Current Financial Information
Legislative Information
The South Carolina Retirement Systems is governed by Title 9 of the S.C. Code of Laws. The South Carolina General Assembly has the authority to make changes to the plans administered by the Retirement Systems. The General Assembly has already begun discussion about the funding status of the South Carolina Retirement System (SCRS), the largest of the state’s pension plans for public employees. On the Legislative Information page, you will find updates and/or links to information of the General Assembly’s website, as retirement related legislation moves through the House of Representatives and Senate.
Accounting Information (GASB)
The South Carolina Retirement Systems adheres to multiple accounting and financial reporting standards. Among these are standards promulgated by the Governmental Accounting Standards Board (GASB). This past summer, GASB released two proposals for revised accounting and financial reporting standards related to public pension plans. These “exposure drafts” would change the way public pension plans calculate and report the costs and obligations of the plans and would require employers participating in the plans to report in their financial statements their share of the pension plan costs and obligations. For more information, go to our Accounting and Financial Reporting Resource Center.
Investment Commission
The South Carolina Retirement System Investment Commission is responsible for investing and managing all assets of the South Carolina Retirement Systems. The Commission is a standalone agency comprised of a six-member Commission and a staff of investment professionals. Visit the Commission’s website for more information, including investment performance reports.
