South Carolina state staff not solely would obtain a 3% pay increase as a part of the Home funds plan for the approaching fiscal yr, they’ll additionally have the ability to hold extra of the cash of their paychecks.
As a part of the $13.9 billion spending plan, authorized by the Home on Monday and despatched to the Senate, the state would cowl will increase in medical health insurance premiums so state staff gained’t must pay greater premium prices.
The extra $101 million put aside by lawmakers would absolutely cowl well being and dental insurance coverage month-to-month premium will increase and effectively visits for state staff.
Home funds writers had been in a position to spend that a lot on worker advantages as a result of the state has an further $4.6 billion in new income to spend within the funds. A part of that cash is deliberate to go towards an revenue tax minimize.
State staff all are in line to obtain a 3% pay increase and a $1,500 bonus below the Home funds.
The three% pay increase is the most important within the final six years for state staff, mentioned state Rep. Bruce Bannister, R-Greenville, who sits on the Home funds writing Methods and Means Committee.
Home funds writers additionally put aside $152 million to place towards the state’s pension system, together with catching up on the delayed pension contribution in 2020, which was suspended in the beginning of the pandemic.
“Clearly, our state staff and our pensioners all rely on that, so making that fiscally strong was actually necessary,” Bannister mentioned.
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