General Appropriations Bill H. 4700 for the fiscal year beginning July 1, 1998
Hint: To avoid truncation when printing, be sure your software is set to print in Landscape Orientation. Adjust font size as needed.
Indicates Matter Stricken
Indicates New Matter
SECTION 63G - F05 - BUDGET AND CONTROL BOARD, PAGE 487
EMPLOYEE BENEFITS
1 63G.1. (BCB/EB: Benefits - Proportionate Payment) It is the intent of the General Assembly that any agency of the State Government
2 whose operations are covered by funds from other than General Fund Appropriations shall pay from such other sources a proportionate
3 share of the employer costs of retirement, social security, workmen's compensation insurance, unemployment compensation insurance,
4 health and other insurance for active and retired employees, and any other employer contribution provided by the State for the agency's
5 employees.
6 63G.2. (BCB/EB: Unemployment Compensation Account) Unemployment Compensation premiums collected from state agencies
7 will be deposited into a separate account and used to pay Unemployment Compensation benefits to eligible employees of the State.
8 Premiums will be based on experience ratings provided by private consultants and the Budget and Control Board. The Unemployment
9 Compensation Funds' contribution level must be reviewed no less than biennially to ensure that premiums are commensurate with the cost
10 of operating the Unemployment Compensation Fund. All interest earned on this account must be retained by the Unemployment
11 Compensation Fund and used to offset costs.
12 63G.3. (BCB/EB: Unemployment Compensation Administration) The Budget and Control Board may hire consultants or a
13 management firm to assist in the administration of the unemployment compensation program for state employees and for that purpose may
14 use funds appropriated or otherwise made available for unemployment payments. The Budget and Control Board is authorized to make
15 such transfers as are necessary to accomplish this purpose. The Budget and Control Board shall report annually to the General Assembly
16 in writing the complete name, address and amounts paid to any such consultants or management firm.
17 63G.4. (BCB/EB: Unemployment Compensation Insurance Claims) Notwithstanding the amounts appropriated in Subsection 63G
18 of this Section as "Unemployment Compensation Insurance" to cover unemployment benefit claims paid to employees of the State
19 Government who are entitled under Federal Law, the State Treasurer and the Comptroller General are hereby authorized and directed to
20 pay from the General Fund of the State to the South Carolina Employment Security Commission such funds as are necessary to cover actual
21 benefit claims paid during the current fiscal year which exceed the amounts paid in for this purpose by the various agencies, departments
22 and institutions subject to unemployment compensation claims. The Employment Security Commission shall certify quarterly to the
23 Budget and Control Board the State's liability for such benefit claims actually paid to claimants who were employees of the State of South
24 Carolina and entitled under Federal law. The amount so certified shall be remitted to the Employment Security Commission.
25 63G.5. (BCB/EB: Workers' Compensation Insurance Claims) Notwithstanding the amounts appropriated in Subsection 63G of this
26 Section as "Workers' Compensation Insurance" to cover Workers' Compensation benefit claims paid to employees of the State Government
27 who are entitled under State Law, the State Treasurer and the Comptroller General are hereby authorized and directed to pay from the
28 General Fund of the State to the State Accident Fund such funds as are necessary to cover actual benefit claims paid and expenses relating
29 to the operations of the agency during the current fiscal year which exceed the amounts paid in for this purpose by the various agencies,
30 departments, and institutions. The State Accident Fund shall certify quarterly to the Budget and Control Board the State's liability for such
31 benefit claims actually paid to claimants who are employees of the State of South Carolina and entitled under State Law. The amount so
32 certified shall be remitted to the State Accident Fund.