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.
Published: Wednesday, February 21st, 2024 @ 4:52 pm
By: Carolina Journal
|
UNC Health and ECU Leave State Employees and Taxpayers with a $1 Billion Bill and Threaten the Tax-Exempt Status of the Pension Plan
Published: Thursday, December 28th, 2023 @ 5:07 pm
By: Eastern NC NOW Staff
|
The Department of State Treasurer is committed to encouraging individuals to prioritize, plan and stay motivated as they move toward retirement, and its efforts have been recognized with a prestigious award.
Published: Sunday, December 10th, 2023 @ 12:24 am
By: Eastern NC NOW Staff
|
In a split 2-1 ruling, the 4th U.S. Circuit Court of Appeals has upheld a trial court's ruling favoring an investment consultant for Lowe's Home Improvement. A former employee sued the consultant on behalf of people enrolled in Lowe's retirement plan.
Published: Saturday, October 7th, 2023 @ 10:36 pm
By: Carolina Journal
|
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.
Published: Saturday, September 16th, 2023 @ 3:40 pm
By: Carolina Journal
|
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.
Published: Sunday, August 6th, 2023 @ 8:42 pm
By: Carolina Journal
|
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.
Published: Thursday, August 3rd, 2023 @ 4:22 pm
By: Carolina Journal
|
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.
Published: Tuesday, July 25th, 2023 @ 7:43 pm
By: Carolina Journal
|
Think you’re retiring? Think again.
Published: Saturday, July 8th, 2023 @ 8:16 am
By: Daily Wire
|
Expresses Appreciation for the General Assembly's Leadership on the Issue
Published: Sunday, June 25th, 2023 @ 12:38 pm
By: Eastern NC NOW Staff
|
Bill Would Allow Retirement Systems' Flexibility in Recovering Overpayments
Published: Sunday, May 28th, 2023 @ 4:41 pm
By: Eastern NC NOW Staff
|
Pension plans for state government retirees are strained
Published: Wednesday, April 19th, 2023 @ 12:32 am
By: John Locke Foundation
|
One of Raleigh’s oldest banks is in the running to purchase the failed Silicon Valley Bank, also known as SVB.
Published: Thursday, April 13th, 2023 @ 2:07 am
By: Carolina Journal
|
North Carolina’s state pension system was among the victims of the recent collapse of two large Silicon Valley, California banks, with the loss of millions in stock at both banks.
Published: Monday, April 10th, 2023 @ 1:24 pm
By: Carolina Journal
|
President Joe Biden vetoed legislation on Monday that would have overturned a Labor Department rule allowing retirement fiduciaries to invest in accordance with the environmental, social, and corporate governance movement, also known as ESG.
Published: Saturday, April 1st, 2023 @ 12:40 am
By: Daily Wire
|
Lawmakers push back against efforts to encourage private retirement plans to support ESG investments
Published: Tuesday, March 14th, 2023 @ 7:26 pm
By: John Locke Foundation
|
North Carolina State Treasurer Dale Folwell had some good news to share regarding pension systems in the state at his monthly “Ask Me Anything” Q&A on Dec. 6.
Published: Saturday, January 7th, 2023 @ 10:00 am
By: Carolina Journal
|
Significant changes to the retirement system are included in the $1.7 trillion omnibus bill moving through Congress.
Published: Tuesday, January 3rd, 2023 @ 11:02 am
By: Daily Wire
|
President Joe Biden’s Department of Labor introduced measures to reverse a ban on environmental, social, and governance investing, also known as ESG, among fiduciaries managing retirement funds, a rule that former President Donald Trump established during his final days in office.
Published: Wednesday, December 7th, 2022 @ 1:54 am
By: Daily Wire
|
Disney fired CEO Bob Chapek in a dramatic development Sunday, bringing back its former boss and ending a disastrous tenure that saw the entertainment giant become a value-hemorrhaging caricature of wokeness.
Published: Monday, November 28th, 2022 @ 8:35 am
By: Daily Wire
|
More and more taxes
Published: Sunday, August 14th, 2022 @ 4:52 pm
By: Countrygirl1411
|
HB755, also known as the Parents’ Bill of Rights, isn’t the most egregious legislation to ever pass our General Assembly. That crown will forever belong to HB2, the so-called bathroom bill.
Published: Friday, June 17th, 2022 @ 1:02 pm
By: Tom Campbell
|
The N.C. Court of Appeals has affirmed a lower-court ruling blocking Wilmington from using a registration scheme to limit ownership of short-term rental properties.
Published: Friday, April 8th, 2022 @ 8:43 am
By: Carolina Journal
|
N.C. Treasurer Dale Folwell wants Congress to allow state pension funds to seek damages through U.S. courts. His requested change in federal law could lead to seizure of Russian assets and properties.
Published: Wednesday, March 16th, 2022 @ 9:41 pm
By: Carolina Journal
|
N.C. House, Senate Urge Congress to Change Law so State Pensions Can Recover Losses from Russia
Published: Friday, March 11th, 2022 @ 9:15 pm
By: Stan Deatherage
|
Calls on Congress to Amend Foreign Sovereign Immunities Act to Allow Possible Recoupment of Investment Losses; Urges General Assembly to Pass Resolution
Published: Wednesday, March 9th, 2022 @ 10:48 pm
By: Stan Deatherage
|
The reasoning behind the bill, as laid out in the bill’s language, is that “too many North Carolina citizens have no or inadequate savings for retirement.”
Published: Friday, November 26th, 2021 @ 8:41 am
By: John Locke Foundation
|
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.
Published: Sunday, November 7th, 2021 @ 8:36 am
By: Carolina Journal
|
Governor Roy Cooper announced new appointments and nominations to state boards and commissions today.
Published: Monday, May 10th, 2021 @ 6:42 pm
By: Governor's Office
|
Today, Governor Roy Cooper announced new appointments to North Carolina boards and commissions.
Published: Wednesday, March 10th, 2021 @ 6:48 am
By: Governor's Office
|
If I want to raise a conservative friend’s blood pressure these days, I’ll ask him what he thinks about North Carolina’s senior U.S. senator, Richard Burr.
Published: Wednesday, February 24th, 2021 @ 12:34 am
By: Carolina Journal
|