S.C. Employees Claim Breech of Contract

Abramovich, Giselle
July 2005
Investment Management Weekly;7/4/2005, Vol. 18 Issue 26, p3
Reports on the filing of a lawsuit by the members of the Teacher and Employee Retention Initiative against the plan over changes made by state legislators in South Carolina in 2005. Percentage of required contribution to South Carolina Retirement System among employees as stated in the new law; Views of attorney Bobby Stepp on modifying the legislation; Estimated amount to be raised by the new legislation.


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