South Carolina Amendment 3b, Elimination of the Retirement Investments Panel (2006)

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South Carolina Amendment 3b, also known as the State Retirement Systems Investment Panel Act, was on the November 7, 2006 election ballot in South Carolina as a legislatively-referred constitutional amendment, where it was approved.[1]

Amendment 3b eliminated the South Carolina Investment Panel, which was an advisory body for the executive branch of South Carolina government.

Election results

Amendment 3b
Approveda Yes 660,037 66.5%

Ballot text

South Carolina Constitution
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The question asked on the ballot was:

"Must the second through the seventh sentences of the fourth paragraph of Section 16, Article X of the Constitution of this State relating to the establishment and membership of the State Retirement Systems Investment Panel be amended by deleting these sentences thereby abolishing this constitutionally established panel?"


As provided for in South Carolina law, election officials include a neutral explanation on the ballot of each ballot question. The explanation provided alongside the question for proposed Amendment 1 in 2006 said:

"This amendment would eliminate the Investment Panel, an advisory body, and its accompanying expenses."

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