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TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 58-31-230 SO AS TO PROVIDE THAT THE FIFTEEN HIGHEST PAID EMPLOYEES OF THE SOUTH CAROLINA PUBLIC SERVICE AUTHORITY MAY NOT RECEIVE ANY INCREASE IN COMPENSATION IN A STATE FISCAL YEAR IN WHICH STATE EMPLOYEES DO NOT RECEIVE A COST-OF-LIVING PAY INCREASE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 1, Chapter 31, Title 58 of the 1976 Code is amended by adding:
"Section 58-31-230. The fifteen highest paid employees, including officers and executives, however described, of the South Carolina Public Service Authority may not receive any increase in compensation in a state fiscal year in which state employees do not receive a cost-of-living pay increase. For purposes of this section, compensation includes fringe benefits."
SECTION 2. This act takes effect July 1, 2011.
This web page was last updated on May 17, 2011 at 1:04 PM