The South Carolina agency that manages public workers’ health and retirement benefits has appointed a familiar face to be its new leader.
The Public Employee Benefits Authority (PEBA) board voted 10-0 Thursday to name Peggy Boykin as its new director. Boykin had led South Carolina Retirement Systems, PEBA’s predecessor agency, under Gov. Mark Sanford. She was replaced when Gov. Nikki Haley assumed office in 2011.
PEBA was created by the state legislature as part of a 2012 pension reform law. It is responsible for managing the health insurance and retirement plans for over a half-million current and former state employees.
Boykin had been a board member since the agency’s inception. She is a certified public accountant who has been an employee at the College of Charleston.
She recused herself from the vote. Boykin will start her new job on Monday.
“Although we will miss her as a colleague on the Board, we know that she will be more valuable in this position,” PEBA Board chairman Art Bjontegard said in a statement.”PEBA is still a relatively new agency, but one that is important directly and indirectly to everyone in South Carolina, with a very significant economic impact on our state.”