The South Carolina Public Employee Benefit Authority (PEBA) was created July 1, 2012, by the South Carolina General Assembly as part of Act No. 278. PEBA is a state agency responsible for the administration and management of the state's employee insurance programs and retirement systems.
David K. Avant, was appointed to the position of interim executive director of PEBA on January 1, 2013.
Please use the links at left and above for more information about PEBA and the programs and systems it manages.
On Tuesday, July 2, 2013, the Obama Administration delayed the shared responsibility provision of the Affordable Care Act (ACA) until 2015.
Also known as the “Play or Pay” mandate, the provision requires “Applicable Large Employers” to offer health coverage to all employees, including temporary employees, who work an average of 30 hours or more per week. The coverage also must be affordable and provide a minimum level of coverage. Employers who do not meet these requirements could be assessed fines.
The Administration promised detailed transition regulations regarding this change within a week. In the meantime, PEBA Insurance Benefits is studying how this delay will affect employers, and guidance specifically for benefits administrators will be released when details are finalized.
The U.S. Department of the Treasury posted this bulletin regarding the delay.