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8 Results found for state pension plan

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On Friday afternoon, Gov. Roy Cooper vetoed two bills including one that would prevent state pension money from being invested using environmental, social, and governance (ESG) criteria in state investment decisions.
On Friday afternoon, Gov. Roy Cooper vetoed two bills including one that would prevent state pension money from being invested using environmental, social, and governance (ESG) criteria in state investment decisions.
 
House Bill 750 Protects State Pension Plan, Retirees and Employees from 'Wacktivism'
 
In a move that will make government-employee pensions less risky for taxpayers, N.C. Treasurer Dale Folwell announced Tuesday, Feb. 2, that the assumed rate of return on the main state retirement plan will be lowered.
In a move that will make government-employee pensions less risky for taxpayers, N.C. Treasurer Dale Folwell announced Tuesday, Feb. 2, that the assumed rate of return on the main state retirement plan will be lowered.
 
State Treasurer Dale Folwell says the state pension plan hemorrhaged $4.1 billion in 2018
State Treasurer Dale Folwell says the state pension plan hemorrhaged $4.1 billion in 2018
 
The latest data shows that North Carolina’s unfunded state pension liability has grown to $7.9 billion. This figure is likely highly understated, however, given the overly optimistic discount rate being used to calculate the liability
The latest data shows that North Carolina’s unfunded state pension liability has grown to $7.9 billion. This figure is likely highly understated, however, given the overly optimistic discount rate being used to calculate the liability
 
North Carolina has been fortunate to have honest and trustworthy State Treasurers. Current Treasurer Janet Cowell is no exception.
North Carolina has been fortunate to have honest and trustworthy State Treasurers. Current Treasurer Janet Cowell is no exception.
 
Headlines across the nation have been sounding the alarm about state government pensions. Even very conservative estimates place the total amount of unfunded state pension liabilities to be approaching a trillion dollars nationally.
Headlines across the nation have been sounding the alarm about state government pensions. Even very conservative estimates place the total amount of unfunded state pension liabilities to be approaching a trillion dollars nationally.
 
If you're a North Carolina taxpayer, public school teacher, government employee, or anyone with a vested interest in the state's pension system, beware: State Treasurer Janet Cowell could be gambling with your money (and, potentially, your retirement) to satisfy a political agenda.
If you're a North Carolina taxpayer, public school teacher, government employee, or anyone with a vested interest in the state's pension system, beware: State Treasurer Janet Cowell could be gambling with your money (and, potentially, your retirement) to satisfy a political agenda.
 
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