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33 Results found for retirees'

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The state Supreme will not issue an order blocking its own March 2022 decision in a legal fight over government retiree health benefits. That decision allowed retirees to pursue a lawsuit to restore a discarded premium-free health care option.
The state Supreme will not issue an order blocking its own March 2022 decision in a legal fight over government retiree health benefits. That decision allowed retirees to pursue a lawsuit to restore a discarded premium-free health care option.
 
A retirees' group working with high-profile Democratic lawyer Marc Elias is suing in federal court to block North Carolina's 30-day residency requirement for voters.
A retirees' group working with high-profile Democratic lawyer Marc Elias is suing in federal court to block North Carolina's 30-day residency requirement for voters.
 
UNC Health and ECU Leave State Employees and Taxpayers with a $1 Billion Bill and Threaten the Tax-Exempt Status of the Pension Plan
 
“It could ultimately have an impact on not only its operating budgets from a year-to-year basis but also have an impact on our gigantic unfunded healthcare liability,” Folwell said.
“It could ultimately have an impact on not only its operating budgets from a year-to-year basis but also have an impact on our gigantic unfunded healthcare liability,” Folwell said.
 
Government retirees object to a proposed "writ of prohibition" from the N.C. Supreme Court that would stop them from pursuing a class-action lawsuit. The retirees want the state to restore premium-free health benefits they enjoyed before a change in state law in 2011.
Government retirees object to a proposed "writ of prohibition" from the N.C. Supreme Court that would stop them from pursuing a class-action lawsuit. The retirees want the state to restore premium-free health benefits they enjoyed before a change in state law in 2011.
 
On Tuesday, the North Carolina Senate passed House Bill 750 (H.B. 750), a bill that prohibits the use of environmental, social, and governance (ESG) criteria from being a factor in state investment decisions, by a vote of 29-18.
On Tuesday, the North Carolina Senate passed House Bill 750 (H.B. 750), a bill that prohibits the use of environmental, social, and governance (ESG) criteria from being a factor in state investment decisions, by a vote of 29-18.
 
Lawyers representing the state government health and retirement plans and Treasurer Dale Folwell seek a rare "writ of prohibition" from the N.C. Supreme Court. The writ would block a 2022 ruling linked to government retirees' health benefits.
Lawyers representing the state government health and retirement plans and Treasurer Dale Folwell seek a rare "writ of prohibition" from the N.C. Supreme Court. The writ would block a 2022 ruling linked to government retirees' health benefits.
 
Two distinct but almost textually identical bills banning ESG investment criteria have passed their respective legislative bodies, signaling the strong possibility that either bill becomes law.
Two distinct but almost textually identical bills banning ESG investment criteria have passed their respective legislative bodies, signaling the strong possibility that either bill becomes law.
 
An Act to Address the Use of Environmental, Social, and Governance Criteria by State Agencies and State Pension Plan Fiduciaries
An Act to Address the Use of Environmental, Social, and Governance Criteria by State Agencies and State Pension Plan Fiduciaries
 
The U.S. Supreme Court will not consider a case involving a dispute over N.C. State Health Plan premiums for government retirees.
The U.S. Supreme Court will not consider a case involving a dispute over N.C. State Health Plan premiums for government retirees.
 
The N.C. attorney general is urging the U.S. Supreme Court to take up a case involving disputed premiums for government retirees on the State Health Plan.
The N.C. attorney general is urging the U.S. Supreme Court to take up a case involving disputed premiums for government retirees on the State Health Plan.
 
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.
 
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
 
The N.C. Supreme Court has ruled, 4-2, that 220,000 state government retirees had a contractual right to premium-free health care benefits that had been promised to them. Now a trial court will have to determine whether state changes to those benefits a decade ago violated the contract.
The N.C. Supreme Court has ruled, 4-2, that 220,000 state government retirees had a contractual right to premium-free health care benefits that had been promised to them. Now a trial court will have to determine whether state changes to those benefits a decade ago violated the contract.
 
The N.C. Supreme Court is scheduled to hear oral arguments Monday in a case that could affect retirement benefits for 222,000 former government workers and surviving spouses.
The N.C. Supreme Court is scheduled to hear oral arguments Monday in a case that could affect retirement benefits for 222,000 former government workers and surviving spouses.
 
This week, U.S. Senator Thom Tillis (R-NC) and his colleagues introduced bipartisan legislation to set the United States Postal Service on a more sustainable financial footing
This week, U.S. Senator Thom Tillis (R-NC) and his colleagues introduced bipartisan legislation to set the United States Postal Service on a more sustainable financial footing
 
State retirees and their dependents beginning next year won’t pay premiums on Medicare Advantage plans.
 
North Carolina is a model for states looking to diffuse a looming debt crisis over unfunded health care benefits for state retirees, the Manhattan Institute says in a report.
North Carolina is a model for states looking to diffuse a looming debt crisis over unfunded health care benefits for state retirees, the Manhattan Institute says in a report.
 
Governor Roy Cooper and Democratic leaders today offered Republican leadership a state budget compromise proposal that would close the health care coverage gap, raise teacher pay, cut taxes for people and guarantee school construction while balancing the budget and saving money in the Rainy Day Fund
Governor Roy Cooper and Democratic leaders today offered Republican leadership a state budget compromise proposal that would close the health care coverage gap, raise teacher pay, cut taxes for people and guarantee school construction while balancing the budget and saving money in the Rainy Day Fund
 
April’s jobs report further illustrates that the American economy continues to roar ahead, lifting up American workers and bringing prosperity to communities across the Nation.
April’s jobs report further illustrates that the American economy continues to roar ahead, lifting up American workers and bringing prosperity to communities across the Nation.
 
Persistent questions about the constitutionality of legislation to stabilize the underfunded state retirement system have slowed the bill’s advance.
Persistent questions about the constitutionality of legislation to stabilize the underfunded state retirement system have slowed the bill’s advance.
 
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
 
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
 
Two longtime employees of the N.C. Department of State Treasurer are overseeing government retirees' investment funds
Two longtime employees of the N.C. Department of State Treasurer are overseeing government retirees' investment funds
 
Congressman Walter Jones takes action and relates it to his constituents through these press releases.
Congressman Walter Jones takes action and relates it to his constituents through these press releases.
 
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
 
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.
 
"Scared" of the impact Obamacare may have on their businesses, some North Carolina employers are considering private health insurance exchanges as a way to continue providing medical coverage to employees at a lower cost than the mandated insurance under Obamacare. IBM recently used a private...
"Scared" of the impact Obamacare may have on their businesses, some North Carolina employers are considering private health insurance exchanges as a way to continue providing medical coverage to employees at a lower cost than the mandated insurance under Obamacare. IBM recently used a private...
 
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...
 
A bill allowing the treasurer more leeway to invest the state pension plan in riskier portfolios is set tonight for its first Senate floor vote.
A bill allowing the treasurer more leeway to invest the state pension plan in riskier portfolios is set tonight for its first Senate floor vote.
 
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.
 
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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