South Carolina General Assembly
116th Session, 2005-2006

H. 4810
General Appropriations Bill for fiscal year 2006-2007
As Passed by the General Assembly

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     SEC.  60-0003                                              SECTION  60A                                                PAGE 0297
                                                  RETIREMENT SYSTEM INVESTMENT COMMISSION
                                          ---- 2005-2006 ----  ------------------------------ 2006-2007 -----------------------------
                                              APPROPRIATED           HOUSE BILL               SENATE BILL             CONFERENCE
                                            TOTAL      STATE      TOTAL       STATE        TOTAL       STATE      TOTAL       STATE
                                            FUNDS      FUNDS      FUNDS       FUNDS        FUNDS       FUNDS      FUNDS       FUNDS
                                             (1)        (2)        (3)         (4)          (5)         (6)        (7)         (8)

   1 I. ADMINISTRATION
   2  PERSONAL SERVICE
   3   CLASSIFIED POSITIONS                23,566
   4   UNCLASSIFIED POSITIONS             146,082                 219,945                 219,945                 219,945
   5                                       (3.00)                  (3.00)                  (3.00)                  (3.00)
   6  NEW POSITION
   7    INVESTMENT ANALYST                                         65,000                  65,000                  65,000
   8                                                               (1.00)                  (1.00)                  (1.00)
   9    INVESTMENT RESEARCH MANAGER                                                        90,000                  90,000
  10                                                                                       (1.00)                  (1.00)
  11    INVESTMENT OFFICER                                                                220,000                 220,000
  12                                                                                       (2.00)                  (2.00)
  13    INVESTMENT COORDINATOR                                                            150,000                 150,000
  14                                                                                       (3.00)                  (3.00)
  15    ADMINISTRATIVE MANAGER                                                             70,000                  70,000
  16                                                                                       (1.00)                  (1.00)
  17   OTHER PERSONAL SERVICES              9,615                 140,981                 140,981                 140,981
                                     ________________________________________________________________________________________________
  18  TOTAL PERSONAL SERVICE              179,263                 425,926                 955,926                 955,926
  19                                       (3.00)                  (4.00)                 (11.00)                 (11.00)
  20  OTHER OPERATING EXPENSES          1,250,583               1,565,050               1,565,050               1,565,050
  21                                 ================================================================================================
  22 TOTAL ADMINISTRATION               1,429,846               1,990,976               2,520,976               2,520,976
  23                                       (3.00)                  (4.00)                 (11.00)                 (11.00)
  24                                 ================================================================================================
  25 II. EMPLOYEE BENEFITS
  26  C. STATE EMPLOYER CONTRIBUTIONS
  27   EMPLOYER CONTRIBUTIONS              47,501                 119,259                 267,929                 267,929
                                     ________________________________________________________________________________________________
  28  TOTAL FRINGE BENEFITS                47,501                 119,259                 267,929                 267,929
  29                                 ================================================================================================
  30 TOTAL EMPLOYEE BENEFITS               47,501                 119,259                 267,929                 267,929
  31                                 ================================================================================================
  32 RETIREMENT SYSTEM INVESTMENT
  33  COMMISSION
  34
  35 TOTAL FUNDS AVAILABLE              1,477,347               2,110,235               2,788,905               2,788,905
  36 TOTAL AUTHORIZED FTE POSITIONS        (3.00)                  (4.00)                 (11.00)                 (11.00)
  37                                 ================================================================================================


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