South Carolina General Assembly
117th Session, 2007-2008

H. 3620
General Appropriations Bill for fiscal year 2007-2008
As Introduced by the House Ways and Means Committee

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     SEC.  60-0003                                              SECTION  60A                                                PAGE 0302
                                                  RETIREMENT SYSTEM INVESTMENT COMMISSION
                                          ---- 2006-2007 ----  ------------------- 2007-2008 ------------------
                                              APPROPRIATED        WAYS & MEANS BILL           HOUSE BILL
                                            TOTAL      STATE      TOTAL       STATE        TOTAL       STATE
                                            FUNDS      FUNDS      FUNDS       FUNDS        FUNDS       FUNDS
                                             (1)        (2)        (3)         (4)          (5)         (6)

   1 I. ADMINISTRATION
   2  PERSONAL SERVICE
   3   UNCLASSIFIED POSITIONS             814,945               1,124,689
   4                                      (11.00)                 (11.00)
   5  NEW POSITIONS
   6    COMPLIANCE OFFICER/AUDITOR                                 90,000
   7                                                               (1.00)
   8    HUMAN RESOURCES/ADMIN
   9
  10    COORDINATOR                                                50,000
  11                                                               (1.00)
  12    FIXED INCOME INVESTMENT
  13
  14    OFFICER                                                    95,000
  15                                                               (1.00)
  16    EQUITY INVESTMENT OFFICER                                  60,000
  17                                                               (1.00)
  18    ALTERNATIVE INVESTMENT
  19
  20    OFFICER                                                    60,000
  21                                                               (1.00)
  22    INVESTMENT OPERATIONS
  23
  24    OFFICER                                                    60,000
  25                                                               (1.00)
  26    DIRECTOR OF EQUITY
  27
  28    INVESTMENTS                                               135,000
  29                                                               (1.00)
  30   OTHER PERSONAL SERVICES            140,981                 119,000
                                     ________________________________________________________________________________________________
  31  TOTAL PERSONAL SERVICE              955,926               1,793,689
  32                                      (11.00)                 (18.00)
  33  OTHER OPERATING EXPENSES          1,565,050               2,173,230
  34                                 ================================================================================================
  35 TOTAL ADMINISTRATION               2,520,976               3,966,919
  36                                      (11.00)                 (18.00)
  37                                 ================================================================================================
  38 II. EMPLOYEE BENEFITS
  39  C. STATE EMPLOYER CONTRIBUTIONS


SEC. 60-0004 SECTION 60A PAGE 0303 RETIREMENT SYSTEM INVESTMENT COMMISSION ---- 2006-2007 ---- ------------------- 2007-2008 ------------------ APPROPRIATED WAYS & MEANS BILL HOUSE BILL TOTAL STATE TOTAL STATE TOTAL STATE FUNDS FUNDS FUNDS FUNDS FUNDS FUNDS (1) (2) (3) (4) (5) (6) 1 EMPLOYER CONTRIBUTIONS 267,929 453,120 ________________________________________________________________________________________________ 2 TOTAL FRINGE BENEFITS 267,929 453,120 3 ================================================================================================ 4 TOTAL EMPLOYEE BENEFITS 267,929 453,120 5 ================================================================================================ 6 RETIREMENT SYSTEM INVESTMENT 7 COMMISSION 8 9 TOTAL FUNDS AVAILABLE 2,788,905 4,420,039 10 TOTAL AUTHORIZED FTE POSITIONS (11.00) (18.00) 11 ================================================================================================


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