John Sowards Elected as Chair of Public Employee Benefit Authority
July 25, 2016
The Board of Directors for the South Carolina Public Employee Benefit Authority (PEBA) has elected Nexsen Pruet member (partner) John Sowards as its Chairman. The vote came at the PEBA meeting on July 21.
The authority manages retirement plans and pension trusts for more than a half-million state workers as well as the State Health Plan.
“This is a stewardship and the work is extremely important for our entire state,” said Leighton Lord, the firm’s Board Chairman. “I am proud that John is so willing to give of his time and talent to help make life better for public employers, employees and their families.”
John Sowards, who is immediate past chairman of the Nexsen Pruet board, was originally appointed chairman of PEBA in February 2016 following the resignation of the Board's charter chairman. This new election is for a two-year term that ends June 30, 2018.
The South Carolina Public Employee Benefit Authority says that more than 850 public “employers groups participate in PEBA retirement and/or insurance benefits programs.” That includes government agencies, school districts, colleges and universities, counties and municipalities. Read more.
Nexsen Pruet, LLC is one of the largest law firms in the Carolinas, with more than 190 attorneys and offices in Columbia, Charleston, Greenville, Hilton Head, and Myrtle Beach, S.C. as well as Charlotte, Greensboro, and Raleigh, N.C. Founded in 1945, Nexsen Pruet provides a broad range of legal services to the business community and represents companies and other entities in local, state, national, and international venues. More at www.nexsenpruet.com.