Tag Archives: Robert Borden

Ports Authority Chief Cruising toward Top of Pay Scale

Jim Newsome, the chief administrator of the S.C. State Ports Authority, could end up being the highest-paid state employee this fiscal year after the Ports Authority board recently raised his salary from $300,000 to $350,000. The $50,000 raise also could … Continue reading

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Retirement Commission Continues Aggressive Growth Plan

As South Carolina lawmakers struggle with painful choices to shore up funding of the state pension system, the entity that oversees the system’s assets wants to nearly double its operating budget and hire a dozen more personnel. In a meeting … Continue reading

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Budget and Control Board Seeks Second Opinion on Retirement Gap

When people know they have a medical problem, but are not convinced it has been diagnosed correctly, they often will seek a second opinion on it. This is fairly common practice, as well, in the nexus of government and politics, … Continue reading

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Retirement Execs Could Get Large Budget Increase

The entity managing the assets of South Carolina’s state retirement system has grown steadily in recent years in its personnel, salaries and overall budget, a review by The Nerve shows.

And that entity, the S.C. Retirement System Investment Commission, plans to continue expanding with an aggressive strategy to ramp up its operations. Call it bringing Wall Street to Main Street, Columbia – literally. Continue reading

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