Category Archives: news
February 18, 2013
Treasurer Loftis’ Statement on Investment Commission 2012 Returns
“Again, the South Carolina Investment Commission presented financial information to the public without proper context. The Commission failed to report that their performance for the calendar year placed them in the bottom 35% of large pension plans. Every year that … Continue reading
February 5, 2013
Politicians Behaving Badly
The looming “debt crises” is an excuse for politicians to behave badly. Creating a budget by “sequestration”, automatic but non-targeted cuts, is as foolish as taking an ax to a pound cake. It will arbitrarily and negatively affect many things … Continue reading
November 15, 2012
VIDEO: Financial Fraud Experts Speak at Treasurer’s Symposium
South Carolina State Treasurer Curtis Loftis brought together financial security experts to discuss issues affecting the state. The event was planned prior to the massive hacking at the SC Department of Revenue and featured former FBI Assistant Director Chris Swecker. … Continue reading
November 13, 2012
VIDEO: Treasurer Loftis Speaks at Fraud Detection & Prevention Symposium
The issue of computer and data security has been with us long before the hacking incident at the Department of Revenue. This past summer we began planning to bring together state and local officials with experts in the data management … Continue reading
November 1, 2012
Treasurer Loftis Announces Fraud Detection & Prevention Symposium
As South Carolinians learned recently, computer hackers and criminals are getting more brazen and effective in their attempts to steal information and public assets from government agencies. Before the recent breach at the South Carolina Department of Revenue, State Treasurer … Continue reading
October 30, 2012
Treasurer Loftis Details Problems With SC Pension System
State Treasurer Curtis Loftis presented a report to the South Carolina Budget and Control Board which highlighted several problems with the South Carolina Retirement Investment Commission and its managing and oversight of the $25 billion pension system. “South Carolina’s pension … Continue reading
October 4, 2012
The New Future Scholar 529 Plan Better Than Ever!
I’m happy to announce that saving for college just got a little easier. College tuition is rising so starting a saving strategy early has become increasingly important. That’s why the State Treasurer’s Office has been working hard to develop a … Continue reading
September 24, 2012
VIDEO: Protect Your Finances
In the State Treasurer’s Office, the number one job is to protect the State of South Carolina’s money. We must always stay one step ahead of the scammers because if we make a mistake, it ends up in the newspapers … Continue reading
September 11, 2012
State Treasurer Loftis Proclaims September As College Savings Month
Treasurer Loftis says bringing more jobs to Palmetto State requires a well-educated workforce. Treasurer’s Office urges residents to take advantage of Future Scholar, the state-sponsored 529 college savings plan. State Treasurer Curtis Loftis has proclaimed September as College Savings Month … Continue reading
August 28, 2012
VIDEO: Treasurer Loftis Leads SC Delegation In Nominating Mitt Romney
It has been an exciting week in Tampa as South Carolina’s delegation has been heavily involved in the Republican National Convention. As delegation co-chairman, let me assure you our voices have been heard on important issues. As Mitt Romney’s State … Continue reading
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