The proposed overhaul of state government and the end of the Budget and Control Board ended Thursday at 5p.m. While Gov. Nikki Haley didn’t get the streamlining of government that she supposedly was pushing, she did manage to add a level of bureaucracy in the form of the Public Employee Benefit Authority.
Established as part of an overhaul of the state retirement system, the PEBA adds a new level of bureaucracy in the form of an 11 member board that is required to meet once a month and where each member is paid $1,000 per month for this one day meeting.
Added to the S.C. Retirement System Investment Commission and the S.C. Budget and Control Board, who also have their hands in at least part of public employee benefits, the PEBA doesn’t make a lot of sense to us.