South Carolina Public Employee Benefit Authority (PEBA) manages retirement plans, offers several insurance products/programs to more than 500,000 people (including spouses and dependents) throughout South Carolina. This site will allow state employees to access information regarding all of their state insurance and benefits.  To learn more about PEBA  and how it benefits you, visit their website at:https://www.peba.sc.gov/  

FMU also offers supplemental insurance programs through AFLAC, Colonial Life and Accident Insurance Company, EMC National, and Merastar.  Some programs currently available are Life Crisis plans, Cancer Insurance, Life policies (Term and Universal Life), Hospital Income Insurance, Intensive Care Coverage and Short Term Disability, as well as automobile and homeowner’s coverages.

AFLAC

Colonial Life

EMC National

Kemper Corporation

Supplemental life insurance:  The amount of insurance through Mutual of Omaha for which an employee is eligible is 2 1/2 times salary rounded to the higher thousand, not to exceed $100,000 coverage.  The cost to the employee is $0.26 per thousand-dollar coverage; the Francis Marion University Foundation pays $0.07 per thousand-dollar coverage.  Dependent life coverage costs the employee $2.10 per dependent unit and $5,000 coverage for the spouse and $2,000 for each dependent child.  These rates are subject to change each fall, based on the average age of University employees and previous experience ratings.  This plan also has a Living Benefit that provides a payment equal to 50% of the face value of the policy to an insured employee who is diagnosed with a terminal illness.  Check further details.

An employee may choose to participate in South Carolina Deferred Compensation or other 403b annuity programs.  An employee could be eligible to defer up to $40,000 of his/her salary per year under plans 404(b), 401(k), and 457.

SCRS Plans

AG Fund Group

Citi Street Online

Retire Hartford Life

LFG

TIAA CREF

The South Carolina State Employees Association (SCSEA) is a non-profit, non-partisan organization established to advance the welfare of state employees and retirees and to promote efficiency in the administration of the business affairs and public services of state government. It is supported financially by the dues of those employees and retirees who choose to be members.

Retirement Age Increasing:  Full retirement age is gradually rising from 65 to 67, even though the age for early retirement remains 62 for everyone.  To find out exactly how old you need to be to get your full retirement benefit, simply access the Social Security Administration for your retirement age and type your year of birth into the online chart.

The SSA site has a number of other useful tools.

Plan Early for Retirement

Social Security benefits won’t run out.  Social Security will be there with monthly payments.  The Benefits Planner will help you find out more information about your SS retirement benefits.  Start planning for your future financial security at: www.ssa.gov/planners.

Payroll deductions for the South Carolina State Credit Union and Pee Dee Federal Credit Union are available upon enrollment with the preferred institution.

Pee Dee Federal Credit Union

South Carolina Credit Union

South Carolina has developed a portal to state government information.  This includes areas of interests — News, Government, Education, Business, Health, Public Safety, Environment and Tourism.   To learn more about state government initiatives, visit:https://sc.gov/

Campus Reopening Plan 2020

Telecommuting Policy

ADA Policy

Procedure to Request an Alternative Work Arrangement for Faculty

Procedure to Request an Alternative Work Arrangement for Staff

FMU Telecommuting Agreement