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Results found for "liabilities"


North Carolina State Treasurer Dale Folwell is warning of a potential financial crisis for retiree healthcare provided by local governments across the state.
North Carolina State Treasurer Dale Folwell is warning of a potential financial crisis for retiree healthcare provided by local governments across the state.
 
Time is running out for North Carolina’s State Health Plan.
Time is running out for North Carolina’s State Health Plan.
 
North Carolina should avoid borrowing billions, even though the state’s “credit card limit,” a recent study says, is more than $11 billion over the next decade.
North Carolina should avoid borrowing billions, even though the state’s “credit card limit,” a recent study says, is more than $11 billion over the next decade.
 
The state panel that determines how much money North Carolina can prudently borrow over the next 10 years rejected an appeal Wednesday by Gov. Roy Cooper's budget director to triple the state's debt ceiling from $2.03 billion to more than $6 billion.
The state panel that determines how much money North Carolina can prudently borrow over the next 10 years rejected an appeal Wednesday by Gov. Roy Cooper's budget director to triple the state's debt ceiling from $2.03 billion to more than $6 billion.
 
There is a significant demographic change occurring in North Carolina that virtually no one is talking about
There is a significant demographic change occurring in North Carolina that virtually no one is talking about
 
State Treasurer Dale Folwell says a revised Senate Bill 117 would eliminate some costly benefit options and impose forfeiture of retirement benefits for some criminal offenses
State Treasurer Dale Folwell says a revised Senate Bill 117 would eliminate some costly benefit options and impose forfeiture of retirement benefits for some criminal offenses
 
State Treasurer Dale Folwell’s office yesterday issued a release reporting on the financial performance of the state’s pension fund
State Treasurer Dale Folwell’s office yesterday issued a release reporting on the financial performance of the state’s pension fund
 
As reported by the N&O today, the State Treasurer’s office this week released updated figures for the state retiree pension fund and health insurance benefits
As reported by the N&O today, the State Treasurer’s office this week released updated figures for the state retiree pension fund and health insurance benefits
 
State Treasurer Dale Folwell wants to be more than North Carolina's version of the Dutch boy, his finger plugging the dike of underperforming state health and pension plans
State Treasurer Dale Folwell wants to be more than North Carolina's version of the Dutch boy, his finger plugging the dike of underperforming state health and pension plans
 
When Vidant agreed to lease BC Hospital, they refused to assume the liabilities that were lurking from past mismanagement, an amount estimated to be around $22 million.
Published: Tuesday, July 7th, 2015 @ 1:29 pm By: Betty Murphy
When Vidant agreed to lease BC Hospital, they refused to assume the liabilities that were lurking from past mismanagement, an amount estimated to be around $22 million.
 
North Carolina is among a number of state governments plagued by massive unfunded liabilities for state retirees' health insurance benefits, and, like many of its counterparts, it is placing greater responsibility for costs on members in a movement known as medical consumerism.
North Carolina is among a number of state governments plagued by massive unfunded liabilities for state retirees' health insurance benefits, and, like many of its counterparts, it is placing greater responsibility for costs on members in a movement known as medical consumerism.
 
When you promise to pay someone in the future, you have a debt with him. However, were you to use cash accounting, as North Carolina's government does, you would not record it as such, because no cash changed hands.
When you promise to pay someone in the future, you have a debt with him. However, were you to use cash accounting, as North Carolina's government does, you would not record it as such, because no cash changed hands.
 
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.
 
While unfunded liabilities continue to garner plenty of attention in the press, I fear a lack of understanding means this attention is failing to translate into legislative action.
While unfunded liabilities continue to garner plenty of attention in the press, I fear a lack of understanding means this attention is failing to translate into legislative action.
 

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