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Funded Level Grows More Than Fourfold Since Treasurer Folwell First Took Office
 
North Carolina has seen a $7 billion improvement over the past year in the shortfall for government retirees’ health benefits. That’s according to a new report from The Segal Group.
North Carolina has seen a $7 billion improvement over the past year in the shortfall for government retirees’ health benefits. That’s according to a new report from The Segal Group.
 
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.
 
Now that North Carolina knows how much it can borrow, politicians are arguing about how much the state should borrow.
Now that North Carolina knows how much it can borrow, politicians are arguing about how much the state should borrow.
 
Legislation that could recommend a shift in the state Retiree Health Benefit Fund from a defined-benefit to defined-contribution model passed the House on Thursday by a 114-0 vote and heads to the Senate
Legislation that could recommend a shift in the state Retiree Health Benefit Fund from a defined-benefit to defined-contribution model passed the House on Thursday by a 114-0 vote and heads to the Senate
 
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
 
Senate leader Phil Berger on Thursday said senators are “close” to finalizing the procedure for confirmation of Gov. Roy Cooper’s Cabinet officers.
Senate leader Phil Berger on Thursday said senators are “close” to finalizing the procedure for confirmation of Gov. Roy Cooper’s Cabinet officers.
 
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.
 
Supporters of a bill giving the state treasurer's office greater flexibility to invest money from the state's $81 billion pension plan affecting teachers...
Supporters of a bill giving the state treasurer's office greater flexibility to invest money from the state's $81 billion pension plan affecting teachers...
 
Imagine you get a new job with good pay and excellent benefits. In fact, the health insurance coverage is the most generous you've seen. You pay nothing for coverage while you are working, and after a set number of years, you can get free coverage in your retirement years as well.
Imagine you get a new job with good pay and excellent benefits. In fact, the health insurance coverage is the most generous you've seen. You pay nothing for coverage while you are working, and after a set number of years, you can get free coverage in your retirement years as well.
 
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