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Investment policy statement for the South Carolina State Optional Retirement Program
South Carolina Public Employee Benefit Authority
South Carolina Public Employee Benefit Authority
Abstract
The Board of Directors of the South Carolina Public Employee Benefit Authority adopts this amended Investment Policy Statement for the South Carolina State Optional Retirement Program. The Plan covered by this IPS provides individual participants the opportunity to save for retirement in a federal tax efficient structure. The objective of the IPS is to define an investment structure that will provide participants designated investment options appropriate to create a retirement benefit that meets their individual retirement goals. Investment options are proposed by each Third-Party Administrator ("Service Provider'') in accordance with the guidelines set forth in this IPS. Participants select a Service Provider and direct the investments within their account using education and guidance provided by the State ORP, each Service Provider, the individual investment management companies, and other sources.
Issue Date
2022-12-07
Keywords
South Carolina. State Optional Retirement Program, Investment of public funds--South Carolina
Type
Rights
Copyright status determined to be in the public domain on April 27, 2020 by United States Supreme Court ruling (Georgia et al., Petitioners v. Public.Resource.Org, Inc. : 590 U.S.__(2020))
Digitization Specifications
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