Palmetto Mornings: 2/1/2012 SC State Treasurer Curtis Loftis – Debate about State Pension Investments

Posted February 1, 2012 9:24 am, Modified: February 1, 2012 9:24 am | Filed under Palmetto Mornings
By Sheila Caldwell

SC State Treasurer Curtis Loftis finds himself once again questioning how taxpayer dollars are being spent.  This time, his contention is with the SC Retirement Investment Commission.  According to Loftis, more than half of the state’s pension fund is being invested in risky areas.  With a $13-billion deficit, he is questioning the costs as well as the lack of transparency required by some state officials.  Hear the complete interview here!

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