{"id":10264,"date":"2014-05-05T09:13:25","date_gmt":"2014-05-05T14:13:25","guid":{"rendered":"http:\/\/www.kevinbryant.com\/?p=10264"},"modified":"2014-05-02T10:57:04","modified_gmt":"2014-05-02T15:57:04","slug":"sc-constitutional-amendment-to-diversity-opep","status":"publish","type":"post","link":"https:\/\/www.kevinbryant.com\/kbarchive\/sc-constitutional-amendment-to-diversity-opep\/","title":{"rendered":"SC Constitutional Amendment to diversity opep"},"content":{"rendered":"<p><a href=\"https:\/\/i0.wp.com\/www.kevinbryant.com\/kbarchive\/wp-content\/uploads\/2011\/08\/debt1.jpg\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"5380\" data-permalink=\"https:\/\/www.kevinbryant.com\/kbarchive\/i-found-more-to-our-drowning-debt\/debt\/\" data-orig-file=\"https:\/\/i0.wp.com\/www.kevinbryant.com\/kbarchive\/wp-content\/uploads\/2011\/08\/debt1.jpg?fit=300%2C450&amp;ssl=1\" data-orig-size=\"300,450\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"debt\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.kevinbryant.com\/kbarchive\/wp-content\/uploads\/2011\/08\/debt1.jpg?fit=200%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.kevinbryant.com\/kbarchive\/wp-content\/uploads\/2011\/08\/debt1.jpg?fit=300%2C450&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/www.kevinbryant.com\/kbarchive\/wp-content\/uploads\/2011\/08\/debt1.jpg?resize=150%2C150\" alt=\"debt\" width=\"150\" height=\"150\" class=\"alignright size-thumbnail wp-image-5380\" srcset=\"https:\/\/i0.wp.com\/www.kevinbryant.com\/kbarchive\/wp-content\/uploads\/2011\/08\/debt1.jpg?resize=150%2C150&amp;ssl=1 150w, https:\/\/i0.wp.com\/www.kevinbryant.com\/kbarchive\/wp-content\/uploads\/2011\/08\/debt1.jpg?zoom=2&amp;resize=150%2C150 300w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a>s. 1251 (http:\/\/scstatehouse.gov\/sess120_2013-2014\/bills\/1251.html) is a constitutional Amendment to allow the diversification of an unfunded liability approaching $10 billion. opeb stands for other post employment benefits. This is healthcare expenses that South Carolina is contractually bound to provide for retired state employees. It is on a down hill course as the unfunded debt will grow even further unless we repair this fund.<\/p>\n<p>Last year, the opeb gained a mere 1.9%. Compare to the SCRIS&#8217;s (South Carolina Retirement Investment Commission) investments gained 10%. OPEB is constitutionally bound to only be invested in bonds. When these healthcare costs for state retirees climb, and opeb is empty, guess who pays then? Every South Carolina Taxpayer.<\/p>\n<p>This is a critical issue, and hopefully, we can pass it this year.<\/p>\n<p>S 1251 Joint Resolution, By Bryant, Campsen, Lourie, Cleary, Leatherman, Bennett, Alexander, Cromer, Campbell, Grooms, Hembree, Young, Turner, S. Martin and Fair<\/p>\n","protected":false},"excerpt":{"rendered":"<p>s. 1251 (http:\/\/scstatehouse.gov\/sess120_2013-2014\/bills\/1251.html) is a constitutional Amendment to allow the diversification of an unfunded liability approaching $10 billion. opeb stands for other post employment benefits. This is healthcare expenses that South Carolina is contractually bound to provide for retired state employees. It is on a down hill course as the unfunded debt will grow even [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":{"0":"post-10264","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-uncategorized","7":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p2gEQ0-2Fy","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/posts\/10264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/comments?post=10264"}],"version-history":[{"count":7,"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/posts\/10264\/revisions"}],"predecessor-version":[{"id":10272,"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/posts\/10264\/revisions\/10272"}],"wp:attachment":[{"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/media?parent=10264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/categories?post=10264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/tags?post=10264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}