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35 Results found for pension benefits

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Pension plans for state government retirees are strained
 
Especially during an election season, taxpayers must be wary of calls to expand government
Especially during an election season, taxpayers must be wary of calls to expand government
 
Help protect all vets by reporting scams
Help protect all vets by reporting scams
 
One of the nation’s leading financial watchdogs says North Carolina has fared better than most states in terms of balancing its budget, but the picture isn’t all rosy as the state has an average debt burden of $1,400 per taxpayer.
One of the nation’s leading financial watchdogs says North Carolina has fared better than most states in terms of balancing its budget, but the picture isn’t all rosy as the state has an average debt burden of $1,400 per taxpayer.
 
Mark Robinson’s election win already has earned him a place in North Carolina’s political history books.
Mark Robinson’s election win already has earned him a place in North Carolina’s political history books.
 
Senate Republicans are again pushing State Treasurer Dale Folwell’s request to limit risk in the underfunded state pension plan by narrowing the number of retirement options.
Senate Republicans are again pushing State Treasurer Dale Folwell’s request to limit risk in the underfunded state pension plan by narrowing the number of retirement options.
 
Senate Bill 399, “Rehire High-Need Teachers,” would let educators who are at least six months into retirement take jobs at schools that receive D or F grades under the state’s school performance rankings.
Senate Bill 399, “Rehire High-Need Teachers,” would let educators who are at least six months into retirement take jobs at schools that receive D or F grades under the state’s school performance rankings.
 
There are several candidates who are seeking the Congressional seat from the 3rd District that was held by the late great Walter B. Jones, but only one is a tried and true conservative.
There are several candidates who are seeking the Congressional seat from the 3rd District that was held by the late great Walter B. Jones, but only one is a tried and true conservative.
 
The 2019-20 General Assembly session is well under way. Bills are being filed and committees are meeting, but the attention will soon fall on the biennial budget, which the governor introduced this week and included new and expanded spending, including a 9.1 percent raise for teachers
The 2019-20 General Assembly session is well under way. Bills are being filed and committees are meeting, but the attention will soon fall on the biennial budget, which the governor introduced this week and included new and expanded spending, including a 9.1 percent raise for teachers
 
State taxpayers would save hundreds of millions of dollars in health insurance costs, thanks to a unanimous ruling Tuesday from the N.C. Court of Appeals
State taxpayers would save hundreds of millions of dollars in health insurance costs, thanks to a unanimous ruling Tuesday from the N.C. Court of Appeals
 
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 said he is awaiting guidance from lawyers before deciding whether to challenge an N.C. Court of Appeals ruling that allows four former school superintendents to collect an additional $1.7 million in retirement benefits from alleged pension spiking
State Treasurer Dale Folwell said he is awaiting guidance from lawyers before deciding whether to challenge an N.C. Court of Appeals ruling that allows four former school superintendents to collect an additional $1.7 million in retirement benefits from alleged pension spiking
 
While the federal government's deficit and debt grow, it seems families and state governments have become better savers during the current recovery
While the federal government's deficit and debt grow, it seems families and state governments have become better savers during the current recovery
 
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
 
One reason teachers and state employees may not have seen the raises they wanted in recent years is that the government's cost for pensions and retiree health benefits has climbed from 8 percent of payroll 10 years ago to 19 percent of payroll this year
One reason teachers and state employees may not have seen the raises they wanted in recent years is that the government's cost for pensions and retiree health benefits has climbed from 8 percent of payroll 10 years ago to 19 percent of payroll this year
 
Whether North Carolina pays its public schoolteachers at a level close or equal to the national average is one of the most-debated issues in state politics. Alas, it doesn't deserve to be
Whether North Carolina pays its public schoolteachers at a level close or equal to the national average is one of the most-debated issues in state politics. Alas, it doesn't deserve to be
 
State Treasurer Dale Folwell strongly hinted some of the 601 people terminated from the State Health Plan after a recent eligibility audit could be investigated
State Treasurer Dale Folwell strongly hinted some of the 601 people terminated from the State Health Plan after a recent eligibility audit could be investigated
 
Each February, the State Treasurer’s Debt Affordability Advisory Committee preempts the hopefulness of Groundhog Day with the publication of the annual Debt Affordability Study, the committee’s reminder that state government resources are limited
Each February, the State Treasurer’s Debt Affordability Advisory Committee preempts the hopefulness of Groundhog Day with the publication of the annual Debt Affordability Study, the committee’s reminder that state government resources are limited
 
North Carolina's pension plan value surpassed $100 billion for the first time in recent days, but volatility in the stock market has eroded a chunk of the gains, state Treasurer Dale Folwell reported
North Carolina's pension plan value surpassed $100 billion for the first time in recent days, but volatility in the stock market has eroded a chunk of the gains, state Treasurer Dale Folwell reported
 
We will offer this allotment of three with more to come; some old, most new, but all quite informative, and, moreover, necessary to understanding that in North Carolina, there is a wiser path to govern ourselves and our People.
We will offer this allotment of three with more to come; some old, most new, but all quite informative, and, moreover, necessary to understanding that in North Carolina, there is a wiser path to govern ourselves and our People.
 
Pennsylvania legislators this week approved reforms to their pension program for state retirees, a move that is expected to save taxpayers billions.
Pennsylvania legislators this week approved reforms to their pension program for state retirees, a move that is expected to save taxpayers billions.
 
As we honor veterans today, it's also fitting to celebrate North Carolina's commitment to the military and veterans who have served so bravely.
As we honor veterans today, it's also fitting to celebrate North Carolina's commitment to the military and veterans who have served so bravely.
 
A legislative oversight committee on Wednesday voted to consider measures aimed at reducing the $25.5 billion unfunded liability in the state retiree health benefit fund.
A legislative oversight committee on Wednesday voted to consider measures aimed at reducing the $25.5 billion unfunded liability in the state retiree health benefit fund.
 
Even though North Carolina ranks behind its four neighboring states in overall financial condition, the state’s fiscal health is mostly sound, said the author of a just-released national study.
Even though North Carolina ranks behind its four neighboring states in overall financial condition, the state’s fiscal health is mostly sound, said the author of a just-released national study.
 
Not too long ago, Gov. Pat McCrory and Speaker Tim Moore were telling us they could see no real need for a religious freedom restoration act.
Not too long ago, Gov. Pat McCrory and Speaker Tim Moore were telling us they could see no real need for a religious freedom restoration act.
 
In 2014, the Civitas Institute selected 10 Bad Bills of the Week. Last week, you had your chance to vote from these ten for the Bad Bill of the Year, and the winner is:
In 2014, the Civitas Institute selected 10 Bad Bills of the Week. Last week, you had your chance to vote from these ten for the Bad Bill of the Year, and the winner is:
 
According to the most recent report available, North Carolina's main pension fund for retired state employees is strapped with a $3.7 billion unfunded liability. This growing liability means taxpayers must pony up an increasing amount of funds to cover the costs of promised benefits to retirees...
According to the most recent report available, North Carolina's main pension fund for retired state employees is strapped with a $3.7 billion unfunded liability. This growing liability means taxpayers must pony up an increasing amount of funds to cover the costs of promised benefits to retirees...
 
State agencies would have to reimburse the state retirement system for costs associated with allowing employees to pad their incomes to earn more lucrative pensions under legislation expected to get a House hearing this week.
State agencies would have to reimburse the state retirement system for costs associated with allowing employees to pad their incomes to earn more lucrative pensions under legislation expected to get a House hearing this week.
 
In laying out its legal case against the state over elimination of teacher tenure, the North Carolina Association of Educators cites some of the same constitutional constructs of contract law that state employees used two decades ago to overturn the General Assembly's repeal of income tax exemptions
In laying out its legal case against the state over elimination of teacher tenure, the North Carolina Association of Educators cites some of the same constitutional constructs of contract law that state employees used two decades ago to overturn the General Assembly's repeal of income tax exemptions
 
Last week, this column broke the fact that North Carolina ranks at the top (number 11) in state-level spending on education. Although the Tar Heel State ranks 45th on overall spending on education, it has nothing to do with any policy promulgated by the General Assembly.
Last week, this column broke the fact that North Carolina ranks at the top (number 11) in state-level spending on education. Although the Tar Heel State ranks 45th on overall spending on education, it has nothing to do with any policy promulgated by the General Assembly.
 
Although the federal income tax system was designed and intended to make up for revenue losses due to tariff reform, it quickly became a primary means to fund the programs of our bloated federal government.
Although the federal income tax system was designed and intended to make up for revenue losses due to tariff reform, it quickly became a primary means to fund the programs of our bloated federal government.
 
That's how newly elected Governor Pat McCrory described his first state budget proposal at a press conference Wednesday morning.
That's how newly elected Governor Pat McCrory described his first state budget proposal at a press conference Wednesday morning.
 
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.
 
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