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42 Results found for public pension

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DeSantis vows to fight for the middle class and take on the elites, DC bureaucrats, and Communist China to put the American Dream back within reach
DeSantis vows to fight for the middle class and take on the elites, DC bureaucrats, and Communist China to put the American Dream back within reach
 
House Bill 750 Protects State Pension Plan, Retirees and Employees from 'Wacktivism'
 
Department of State Treasurer Cooperating With Local Officials to Help Identify Solutions; City of Winston-Salem Earns Gold Medal For Foresight and Funding Discipline
Department of State Treasurer Cooperating With Local Officials to Help Identify Solutions; City of Winston-Salem Earns Gold Medal For Foresight and Funding Discipline
 
Bill Would Allow Retirement Systems' Flexibility in Recovering Overpayments
 
Pension plans for state government retirees are strained
 
North Carolina State Treasurer Dale Folwell is calling for the ouster of BlackRock CEO Larry Fink for pushing a left-wing political agenda.
North Carolina State Treasurer Dale Folwell is calling for the ouster of BlackRock CEO Larry Fink for pushing a left-wing political agenda.
 
Cites "Wacktivism" and Loss of Confidence in His Leadership Due to ESG Investing
Cites "Wacktivism" and Loss of Confidence in His Leadership Due to ESG Investing
 
WASHINGTON – Today, President Biden announced his intent to appoint the following individuals to serve in key roles:
WASHINGTON – Today, President Biden announced his intent to appoint the following individuals to serve in key roles:
 
Treasurer Folwell and TSERS Board of Trustees Acknowledge His Contributions to the Retirement Systems
Treasurer Folwell and TSERS Board of Trustees Acknowledge His Contributions to the Retirement Systems
 
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.
 
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.
 
The COVID-19 pandemic could still threaten the long-term stability of state employee pensions, even though the state pension plan has recovered from the stock market crash, the state treasurer says.
The COVID-19 pandemic could still threaten the long-term stability of state employee pensions, even though the state pension plan has recovered from the stock market crash, the state treasurer says.
 
During Sunshine Week — seven days highlighting the public’s right to know about what happens behind the government’s closed doors — much of North Carolina’s health care system remains in the shade.
During Sunshine Week — seven days highlighting the public’s right to know about what happens behind the government’s closed doors — much of North Carolina’s health care system remains in the shade.
 
In 2014, the North Carolina legislature passed a law to curb “pension spiking” among public employees.
 
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
 
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.
 
The state pension fund posted overall gains of 7.3 percent for the 2017-18 fiscal year just ended June 30, outpacing the assumed rate of return on investments. But earnings have slowed to date for the 2018 calendar year, State Treasurer Dale Folwell reported
The state pension fund posted overall gains of 7.3 percent for the 2017-18 fiscal year just ended June 30, outpacing the assumed rate of return on investments. But earnings have slowed to date for the 2018 calendar year, State Treasurer Dale Folwell reported
 
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
 
State Treasurer Dale Folwell is raising red flags about a proposed merger between publicly owned ECU Physicians, the medical practice of the Brody School of Medicine at East Carolina University, and Vidant Medical Group, a private entity that would assume controlling interest
State Treasurer Dale Folwell is raising red flags about a proposed merger between publicly owned ECU Physicians, the medical practice of the Brody School of Medicine at East Carolina University, and Vidant Medical Group, a private entity that would assume controlling interest
 
Many of us have a 401-k plan, a pension or private investment portfolio. We often seek investment advice from stock brokers, money managers, newsletters, tips from friends or our own research, but none of us has a $93 billion investment portfolio like the Teachers and State Employees Retirement Fund
Many of us have a 401-k plan, a pension or private investment portfolio. We often seek investment advice from stock brokers, money managers, newsletters, tips from friends or our own research, but none of us has a $93 billion investment portfolio like the Teachers and State Employees Retirement Fund
 
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.
 
More than two years after releasing a scathing report alleging that a glut of investment fund managers are collecting fees that have plundered North Carolina’s state employee pension plan
More than two years after releasing a scathing report alleging that a glut of investment fund managers are collecting fees that have plundered North Carolina’s state employee pension plan
 
North Carolina's public employees retirement system is underfunded, bled more than $2 billion in red ink in the most recent 12-month period reported, and is outperformed by most other states, data show.
North Carolina's public employees retirement system is underfunded, bled more than $2 billion in red ink in the most recent 12-month period reported, and is outperformed by most other states, data show.
 
North Carolina's public employees retirement system is underfunded, bled more than $2 billion in red ink in the most recent 12-month period reported, and is outperformed by most other states, data show
North Carolina's public employees retirement system is underfunded, bled more than $2 billion in red ink in the most recent 12-month period reported, and is outperformed by most other states, data show
 
The Investment Advisory Committee that helps state Treasurer Janet Cowell develop the financial management strategy for state funds will meet this week to begin a process of developing ethics guidelines for its members that could include rules regarding insider trading and accepting gifts
The Investment Advisory Committee that helps state Treasurer Janet Cowell develop the financial management strategy for state funds will meet this week to begin a process of developing ethics guidelines for its members that could include rules regarding insider trading and accepting gifts
 
If the General Assembly approves State Treasurer Janet Cowell's request for more flexibility in how it invests the state's pension plan, North Carolina's investment in real estate could be among the largest in the nation.
If the General Assembly approves State Treasurer Janet Cowell's request for more flexibility in how it invests the state's pension plan, North Carolina's investment in real estate could be among the largest in the nation.
 
Full disclosure: I don't have a "favorite" candidate in the current presidential contest
Full disclosure: I don't have a "favorite" candidate in the current presidential contest
 
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.
 
A recent study concluded that North Carolina's $87 billion state pension fund is the second-best performing plan in the nation, even though new government-mandated accounting methods show it might be underfunded by more than $15 billion instead of operating in the black, as official state figures...
A recent study concluded that North Carolina's $87 billion state pension fund is the second-best performing plan in the nation, even though new government-mandated accounting methods show it might be underfunded by more than $15 billion instead of operating in the black, as official state figures...
 
An organization representing 55,000 state employees has asked the U.S. Securities and Exchange Commission to investigate "widespread potential violations of law" involving State Treasurer Janet Cowell's handling of investments from the $87 billion state retirement system.
An organization representing 55,000 state employees has asked the U.S. Securities and Exchange Commission to investigate "widespread potential violations of law" involving State Treasurer Janet Cowell's handling of investments from the $87 billion state retirement system.
 
An organization representing 55,000 state employees has asked the U.S. Securities and Exchange Commission to investigate "widespread potential violations of law" involving State Treasurer Janet Cowell's handling of investments from the $87 billion state retirement system.
An organization representing 55,000 state employees has asked the U.S. Securities and Exchange Commission to investigate "widespread potential violations of law" involving State Treasurer Janet Cowell's handling of investments from the $87 billion state retirement system.
 
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.
 
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