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                  U.S. SECURITIES AND EXCHANGE COMMISSION
                          WASHINGTON, D.C.  20549

                                FORM 12b-25

                        NOTIFICATION OF LATE FILING

                               (Check One):

[ ]Form 10-K   [ ]Form 20-F  [X]Form 11-K  [  ]Form 10-Q  [  ] Form
N-SAR

For Period Ended:         December 31, 1994                       
     [   ]Transition Report on Form 10-K
     [   ]Transition Report on Form 20-F
     [   ]Transition Report on Form 11-K
     [   ]Transition Report on Form 10-Q
     [   ]Transition Report on Form N-SAR
     For the Transition Period Ended:                             
                                              

     Nothing in this form shall be construed to imply that the
Commission has verified any information contained herein.
_________________________________________________________________

     If the Notification relates to a portion of the filing checked
above, identify the Item(s) to which the Notification relates:    
                                                                  
_________________________________________________________________

Part I - Registrant Information
_________________________________________________________________


                   POLICY MANAGEMENT SYSTEMS CORPORATION
                         (Full Name of Registrant)

                       One PMS Center (P.O. Box Ten)
              Blythewood, S.C. (Columbia, S.C.) 29016 (29202)
                  (Address of Principal Executive Office)
_________________________________________________________________

Part II - Rules 12b-25(b) and (c)
_________________________________________________________________

If the subject report could not be filed without unreasonable
effort or expense and the registrant seeks relief pursuant to Rule
12b-25(b), the following should be completed.  (Check box if
appropriate)

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     (a)  The reasons described in reasonable detail in Part III of
          this form could not be eliminated without unreasonable
          effort or expense.
                                            [X] Yes     [ ] No

     (b)  The subject annual report, semi-annual report, transition
          report on Form 10-K, Form 20-F, 11-K, or Form N-SAR, or
          portion thereof will be filed on or before the fifteenth
          calendar day following the prescribed due date; or the
          subject quarterly report or transition report on Form 10-
          Q, or portion thereof will be filed on or before the
          fifth calendar day following the prescribed due date.

                                            [X] Yes     [ ] No

     (c)  The accountant's statement or other exhibit required by
          Rule 12b-25(c) has been attached if applicable.

                                            [ ] Yes     [X] No
_________________________________________________________________

Part III - Narrative
_________________________________________________________________

State below in reasonable detail the reasons why Form 10-K, 20-F,
11-K, 10-Q, N-SAR, or the transition report or portion thereof
could not be filed within the prescribed period.

          Policy Management Systems Corporation (the "Company") is
     unable to file timely the Form 11-K pertaining to the Policy
     Management Systems Corporation 401(k) Retirement Savings Plan
     (the "Plan") for the year ended December 31, 1994 without
     unreasonable effort or expense. The Company experienced delays
     in compiling all Plan documents relative to the financial
     statements of the Plan which, in turn, delayed the audit of
     the Plan's financial statements. The Plan's independent
     auditors, Coopers & Lybrand, will complete their audit work
     within the next several days and are anticipated to issue an
     unqualified opinion in time for the Plan to file its Annual
     Report on Form 11-K within 15 calendar days of the prescribed
     due date.
_________________________________________________________________

Part IV - Other Information
_________________________________________________________________

     (1)  Name and telephone number of person to contact in regard
to this notification

Timothy V. Williams           (803)             735-5638  
     (Name)                (Area Code)      (Telephone Number)


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     (2)  Have all other periodic reports required under section 13
          or 15(d) of the Securities Exchange Act of 1934 or
          section 30 of the Investment Company Act of 1940 during
          the preceding 12 months or for such shorter period that
          the registrant was required to file such report(s) been
          filed?  If the answer is no, identify report(s)

                                             [X] Yes     [ ] No
               

     (3)  Is it anticipated that any significant change in results
          of operations from the corresponding period for the last
          fiscal year will be reflected by the earnings statements
          to be included in the subject report or portion thereof?

                                            [ ] Yes     [X] No

          If so, attach an explanation of the anticipated change,
          both narratively and quantitatively, and, if appropriate,
          state the reasons why a reasonable estimate of the
          results cannot be made.

          
Policy Management Systems Corporation has caused this notification
to be signed on its behalf by the undersigned thereunto duly
authorized.

            POLICY MANAGEMENT SYSTEMS CORPORATION


BY (SIGNATURE)           /s/  Timothy V. Williams
(NAME AND TITLE)              Timothy V. Williams
                              Executive Vice President and
                                Chief Financial Officer
DATE                          June 29, 1995



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