Governor Nikki Haley today released the following statement regarding pension reform and the Department of Administration conference committee meeting:
"This is the critical week for pension reform and the Department of Administration bill. We've worked on both of these issues for two full sessions, and now it's time to get the job done for the citizens and taxpayers of South Carolina.
"When I talk to credit rating agencies, they tell me that the most important thing we can do to protect our rating is to take action to reduce the unfunded liabilities in our pension system. I'd like to thank Senators Alexander, Ryberg, and Setzler and Representatives Merrill, Bingham and Cobb-Hunter for their work so far, and urge them to finish the job.
"We also know that finishing our work on the Department of Administration is essential to creating a leaner and more effective government. This bill not only improves accountability, but also the quality of the services that South Carolina state government provides. It will also let us run the state more like a business. No CEO lacks control over personnel, facilities, technology, or other back office functions, and this state's Governor shouldn't either. I'd like to thank Senators Larry Martin, Malloy and Massey, and Representatives Harrison, Lucas and White for understanding that, and I appreciate all their hard work so far.
"The time is now. The conference committee reports for both of these bills must be completed and adopted this week if they are to become law this year. South Carolina can't afford for either of them to fail when we've worked so hard to pass these crucial reforms.
"I applaud the Senators and Representatives who have struggled to reach a compromise on both of these bills, which address some very complex issues -- but we are running out of time. It's time to give South Carolina the reform it so strongly desires. It's time to bring both these bills home."