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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: ENC NOW
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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: ENC NOW
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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
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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
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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
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Florida Republican Governor Ron DeSantis approved measures on Tuesday to prevent the Florida Retirement System Pension Plan from investing in accordance with the environmental, social, and corporate governance movement, also known as ESG.
Published: Thursday, January 26th, 2023 @ 9:22 pm
By: Daily Wire
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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
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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.
Published: Wednesday, February 3rd, 2021 @ 2:12 pm
By: Carolina Journal
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State Treasurer Dale Folwell says the state pension plan hemorrhaged $4.1 billion in 2018
Published: Sunday, March 3rd, 2019 @ 3:38 am
By: John Locke Foundation
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State Treasurer Dale Folwell says a revised Senate Bill 117 would eliminate some costly benefit options and impose forfeiture of retirement benefits for some criminal offenses
Published: Friday, December 7th, 2018 @ 2:49 am
By: John Locke Foundation
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State Treasurer Dale Folwell’s office yesterday issued a release reporting on the financial performance of the state’s pension fund
Published: Monday, August 6th, 2018 @ 12:31 pm
By: Civitas Insitute
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One reason teachers and state employees may not have seen the raises they wanted in recent years is that the government's cost for pensions and retiree health benefits has climbed from 8 percent of payroll 10 years ago to 19 percent of payroll this year
Published: Friday, July 27th, 2018 @ 1:58 pm
By: John Locke Foundation
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State Treasurer Dale Folwell gave a chilly reception to issuing a statewide school construction bond even as Gov. Roy Cooper hit the road Tuesday, July 10, pitching one
Published: Friday, July 20th, 2018 @ 10:54 am
By: John Locke Foundation
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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
Published: Saturday, March 4th, 2017 @ 2:40 pm
By: John Locke Foundation
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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
Published: Thursday, August 18th, 2016 @ 4:04 am
By: John Locke Foundation
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State employees would be given alternative investment options and greater control of their retirement plans under cost-saving pension reform strategies that are gaining support as the upcoming General Assembly session looms, key legislators say.
Published: Friday, January 9th, 2015 @ 12:34 am
By: John Locke Foundation
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Most of us have jobs, and with those jobs come certain benefits, most noticeably health care and retirement benefits. The same is true for state employees.
Published: Friday, April 11th, 2014 @ 6:20 pm
By: John Locke Foundation
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Changes could be coming soon for voluntary supplemental retirement plans that are set up for teachers and employees of school boards across North Carolina.
Published: Wednesday, March 21st, 2012 @ 2:10 am
By: John Locke Foundation
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