Retirement System Investment Commission Sub-Committee

disclosureI am currently co-chairing a Senate Finance sub-commitee that is giving oversight to the South Carolina Retirement Investment Commission along with Sen. Joel Lourie (D-Richland). Other members are Sen. Darrell Jackson (D-Richland) and Sen. Ray Cleary (R-Georgetown).

Thursday afternoon, 45 minutes after adjournment will be our 3rd hearing. Our meetings are focusing on the fees that are paid for investments, a recent investigation by the South Carolina Inspector General (as prompted by Treasurer Curtis Loftis), and the recent lawsuit with the Bank of New York Mellon. This meeting will give us the opportunity to hear from Treasurer Curtis Loftis.

The hearing will be streamed online here