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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.
 
In July 2016, the NC State Treasurer released annual performance figures for the N.C. pension fund, which is responsible for the retirement assets of nearly one million of our state's teachers, state/local employees, law enforcement, firefighters, rescue workers and National Guard members.
In July 2016, the NC State Treasurer released annual performance figures for the N.C. pension fund, which is responsible for the retirement assets of nearly one million of our state's teachers, state/local employees, law enforcement, firefighters, rescue workers and National Guard members.
 
A major problem is facing state employee pension plans. While many private corporations cut back pension programs due to limited funding or decreasing contributions, pension systems for government employees rarely change.
A major problem is facing state employee pension plans. While many private corporations cut back pension programs due to limited funding or decreasing contributions, pension systems for government employees rarely change.
 
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