Planning For Your Future
PEBAs retirement awareness series, , provides you with information that can help you make smart decisions about your financial future. Regardless of how we define retirement awareness, PEBA believes its important to plan for a secure financial future and think about what life will be like after you quit working. We encourage you to use these resources and act now to help secure your financial future.
Ceo For South Carolina Retirement System Investment Commission
Michael Hitchcock
Chief Executive Officer
Sell more in less time!
Buyer intent data, anonymous visitor identification, first party data integration backed by a massive contact database that will supercharge your sales team. Schedule a demo to learn more!
Director Of Investment Reporting And Performance
Eric Baker
Frequently Asked Questions regarding South Carolina Retirement System Investment Commission
Where are South Carolina Retirement System Investment Commission’s Headquarters?
South Carolina Retirement System Investment Commission’s Headquarters are in 1201 Main Street Suite 1510,Columbia,South Carolina,United States
What is South Carolina Retirement System Investment Commission’s phone number?
South Carolina Retirement System Investment Commission’s phone number is +1 803-434-7000
What is South Carolina Retirement System Investment Commission’s Revenue?
South Carolina Retirement System Investment Commission’s revenue is $1 – 10M
What is South Carolina Retirement System Investment Commission’s NAICS code?
South Carolina Retirement System Investment Commission’s NAICS code is 621111
How many employees are working in South Carolina Retirement System Investment Commission
South Carolina Retirement System Investment Commission has 47 employees
What is South Carolina Retirement System Investment Commission’s Industry?
South Carolina Retirement System Investment Commission is in the industry of Financial Services
Company Directory
Class Three Members: Membership Effective On Or After July 1 2012
- You can retire and receive an unreduced monthly retirement benefit once your age and years of service total 90, or at age 65 or older.
- For example, if you begin covered service at age 22 and work continuously for a covered employer, you would be eligible for service retirement once you reach 56 years of age and have 34 years of service credit.
- You can retire early at age 60 and receive a reduced monthly retirement benefit.
- You must have at least eight years of earned service to receive a benefit.
Recommended Reading: Best Retirement Communities In West Virginia
South Carolina Pension Completes Private Investment Spree
The South Carolina Retirement System Investment Commission has had a busy autumn regarding new commitments to private investment funds.
During late September/early December, the approximately $40 billion public retirement fund awarded approximately $350 million to four funds.
RSIC made commitments to the tune of $175 million to private equity, comprising a $75 million allocation to Great Hill Equity Partners VIII in October, and an allocation of up to $100 million to Blackstone Strategic Partners IX in November.
Regarding private credit, it awarded $100 million to KKR Asset-Based Finance . . .
South Carolina Allocates Up To $447 Million To 4 Managers
South Carolina Retirement System Investment Commission, Columbia, committed up to $447 million to four managers for the $41.7 billion South Carolina Retirement Systems, according to board documents.
The largest commitments each $150 million were made to KKR Lending Partners IV, a private credit fund managed by KKR & Co., and Polymer Asia Fund, which pursues a fundamentally driven, Asia-focused, equity market-neutral strategy and is managed by Polymer Capital Management, Kara Brurok, RSIC’s director of external policy, said in an email.
The commission committed $50 million to Hg Saturn 3, a European large buyout fund and up to 44 million to Hg Genesis 10, a European upper middle-market buyout fund, both managed by Hg Capital.
It also committed $50 million to Asana Partners Fund III, a value-add real estate fund.
The commission disclosed the commitments, which were made in March and April, at its April 21 meeting.
Related Article
Also Check: Planned Retirement Communities In Florida
Class Two Members: Membership Effective Prior To July 1 2012
- You can retire and receive an unreduced monthly retirement benefit after 28 years of service or at age 65 or older.
- You can retire early, at age 60, or at age 55 with 25 years of service, and receive a reduced monthly retirement benefit.
- You must have at least five years of earned service to receive a benefit.
South Carolina Retirement System Investment Commission
The Retirement System Investment Commission has exclusive authority for investing and managing all assets held in trust for the participants and beneficiaries of the five state defined benefit plans, collectively referred to as the or .
Country
Asset allocation as of June 30, 2021. All information is as per the most recent annual report or other publicly available data via the fund’s website
Top1000funds.com related articles
Read Also: Retirement Communities In Laguna Beach Ca
South Carolina Retirement System Investment Commissionsalaries
Highest salary at South Carolina Retirement System Investment Commission in year 2021 was $369,660.Number of employees at South Carolina Retirement System Investment Commission in year 2021was 39. Average annual salarywas $139,526 and median salarywas $118,800. South Carolina Retirement System Investment Commission average salaryis 198percent higher than USA average and mediansalary is 173percent higher than USA median.
GovSalaries is not affiliated with any government entity. We cannot makeanyguarantee that information on this website 100% accurate or complete. GovSalaries is not aconsumerreporting agency as defined by the Fair Credit Reporting Act, 15 USC § 1681 et seq, . We strictlyprohibit the use of this website or the information it contains to make any determinations concerningemployment, consumer credit, insurance, tenant screening, or any other purpose that would require FCRAcompliance.
