Forbes Zeroes In On SC Pension Fund Failure
Another day, another national media outlet exposing the ongoing failure of South Carolina’s corrupt, underperforming and anti-transparent pension fund. This time it’s former Securities and...
SCRSIC
Former Senator May Challenge Curtis Loftis
by FITSNews
The battle over South Carolina’s corrupt, underperforming state pension fund may soon move to a new venue – the voting booth. Status quo forces supporting...
Corrupt Pension Fund Managers Call Treasurer A “Bully”
by FITSNews
The managers of South Carolina’s corrupt, underperforming, exorbitantly expensive pension fund really don’t like criticism … even though they deserve it more than any agency...
SC Pension Fund Bonuses: Who Got What?
by FITSNews
South Carolina’s pension fund is one of America’s worst managed … and most corrupt. As of June 30, 2013 – the end of the most...
SC Commission Staffer Gets Big Raise
by FITSNews
Danny Varat – a political staffer on the notoriously corrupt S.C. Retirement System Investment Commission (SCRSIC) – received a $12,000 raise less than a year...
Nikki Haley’s “Holdover” Government
by FITSNews
This website recently exposed how S.C. Gov. Nikki Haley’s “ethics commission” was full of seats that were either vacant or filled by individuals whose terms...
SC Retirement System: One Easy Fix
by FITSNews
There are plenty of things wrong with South Carolina’s government-run pension fund. For starters, our state pays the highest investment fees in the entire nation...
Study: SC Pension Fund Pays Highest Fees In U.S.
by FITSNews
South Carolina’s underperforming pension fund pays the highest fees in the nation, according to a new study released by a Maryland-based think tank. According to...
Curtis Loftis Got Sued
by FITSNews
S.C. Treasurer Curtis Loftis was sued by his colleagues on the S.C. Retirement System Investment Commission (SCRSIC) this week. What for? Being the only guy...
Curtis Loftis Finds $106M In Undisclosed Fees
by FITSNews
South Carolina Treasurer Curtis Loftis is asking the S.C. Retirement System Investment Commission (SCRSIC) to disclose $106 million in previously unreported fees paid out to...