BRADENTON, Fla. – Legislation pending in the South Carolina Legislature proposes new pension reform measures that S&P Global Ratings called a short-term step toward increasing funding requirements.

Measures to increase contributions and make changes to plan assumptions would increase funding, but may be insufficient over the long term, S&P analysts said.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.