South Carolina General Assembly
119th Session, 2011-2012

H. 3700
General Appropriations Bill for fiscal year 2011-2012
As Reported by the Conference Committee

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  SEC.  77-0001                                              SECTION  77                                                 PAGE 0276
                                                  RETIREMENT SYSTEM INVESTMENT COMMISSION
                                          ---- 2010-2011 ----  ------------------------------ 2011-2012 -----------------------------
                                              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   UNCLASSIFIED POSITIONS           2,952,814               6,537,626               4,737,524               5,634,864
   4                                      (23.00)                 (23.00)                 (23.00)                 (23.00)
   5    DIRECTOR OF RISK MANAGEMENT
   6                                                               (1.00)                                          (1.00)
   7    SENIOR INVESTMENT OFFICER
   8                                                               (2.00)                  (2.00)                  (2.00)
   9    INVESTMENT OFFICER
  10                                                               (3.00)                  (2.00)                  (3.00)
  11    INVESTMENT ANALYST
  12                                                               (3.00)                  (2.00)                  (3.00)
  13    COMPLIANCE & AUDIT OFFICER
  14                                                               (1.00)
  15    DIRECTOR OF COMPLIANCE &
  16
  17    AUDIT
  18                                                               (1.00)                  (1.00)                  (1.00)
  19    SENIOR REPORTING OFFICER
  20                                                               (1.00)                  (1.00)                  (1.00)
  21    BUDGET & PLANNING OFFICER
  22                                                               (1.00)
  23    IT DIRECTOR
  24                                                               (1.00)                                          (1.00)
  25    IT OFFICER
  26                                                               (1.00)
  27   OTHER PERSONAL SERVICES            166,000                 166,000                 166,000                 166,000
                                     ________________________________________________________________________________________________
  28  TOTAL PERSONAL SERVICE            3,118,814               6,703,626               4,903,524               5,800,864
  29                                      (23.00)                 (38.00)                 (31.00)                 (35.00)
  30  OTHER OPERATING EXPENSES          1,934,667               3,372,829               2,686,669               3,034,026
  31                                 ================================================================================================
  32 TOTAL ADMINISTRATION               5,053,481              10,076,455               7,590,193               8,834,890
  33                                      (23.00)                 (38.00)                 (31.00)                 (35.00)
  34                                 ================================================================================================
  35 II. EMPLOYEE BENEFITS
  36  C. STATE EMPLOYER CONTRIBUTIONS
  37   EMPLOYER CONTRIBUTIONS             757,233               1,523,545               1,115,164               1,317,789
                                     ________________________________________________________________________________________________
  38  TOTAL FRINGE BENEFITS               757,233               1,523,545               1,115,164               1,317,789
  39                                 ================================================================================================



SEC. 77-0002 SECTION 77 PAGE 0277 RETIREMENT SYSTEM INVESTMENT COMMISSION ---- 2010-2011 ---- ------------------------------ 2011-2012 ----------------------------- 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 TOTAL EMPLOYEE BENEFITS 757,233 1,523,545 1,115,164 1,317,789 2 ================================================================================================ 3 RETIREMENT SYSTEM INVESTMENT 4 COMMISSION 5 6 TOTAL FUNDS AVAILABLE 5,810,714 11,600,000 8,705,357 10,152,679 7 TOTAL AUTHORIZED FTE POSITIONS (23.00) (38.00) (31.00) (35.00) 8 ================================================================================================
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