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123 Results found for state pension

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The N.C. House on Thursday passed a resolution supporting Ukraine before following the Senate’s lead and voting to adjourn its long-running session.
The N.C. House on Thursday passed a resolution supporting Ukraine before following the Senate’s lead and voting to adjourn its long-running session.
 
N.C. House, Senate Urge Congress to Change Law so State Pensions Can Recover Losses from Russia
 
Calls on Congress to Amend Foreign Sovereign Immunities Act to Allow Possible Recoupment of Investment Losses; Urges General Assembly to Pass Resolution
Calls on Congress to Amend Foreign Sovereign Immunities Act to Allow Possible Recoupment of Investment Losses; Urges General Assembly to Pass Resolution
 
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.
 
North Carolina received a “C” for poor fiscal management from the national nonprofit Truth in Accounting.
North Carolina received a “C” for poor fiscal management from the national nonprofit Truth in Accounting.
 
Each week, staff at Carolina Journal looks back at the week in N.C. politics and chooses several interesting, relevant stories you may have missed.
Each week, staff at Carolina Journal looks back at the week in N.C. politics and chooses several interesting, relevant stories you may have missed.
 
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.
 
Lawmakers moved to restrict pensions for public officials who commit crimes while performing their official duties.
Lawmakers moved to restrict pensions for public officials who commit crimes while performing their official duties.
 
As North Carolina fights the coronavirus, the General Assembly should take a few simple, smart steps to keep public education on track and the economy afloat, experts say.
As North Carolina fights the coronavirus, the General Assembly should take a few simple, smart steps to keep public education on track and the economy afloat, experts say.
 
Fears of a global economic slowdown, fueled in part by the coronavirus outbreak, took a $4.2 billion chunk out of North Carolina’s state pension plan.
Fears of a global economic slowdown, fueled in part by the coronavirus outbreak, took a $4.2 billion chunk out of North Carolina’s state pension plan.
 
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.
 
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.
 
North Carolina’s state pension plan is prepared to weather another recession, a Pew Charitable Trusts stress test says.
North Carolina’s state pension plan is prepared to weather another recession, a Pew Charitable Trusts stress test says.
 
As established in the federal constitution, America’s national government was meant to be small and tightly focused on matters of truly nationwide scope.
As established in the federal constitution, America’s national government was meant to be small and tightly focused on matters of truly nationwide scope.
 
The Senate’s proposed biennial budget includes the largest pay raises for state employees in more than a decade, but doesn’t include a cost-of-living increase for state retirees.
The Senate’s proposed biennial budget includes the largest pay raises for state employees in more than a decade, but doesn’t include a cost-of-living increase for state retirees.
 
The NC House: Hospitals are Too Important to Fail, but Taxpayers are Unimportant to Save Them Money
The NC House: Hospitals are Too Important to Fail, but Taxpayers are Unimportant to Save Them Money
 
Senate Republicans are again pushing State Treasurer Dale Folwell’s request to limit risk in the underfunded state pension plan by narrowing the number of retirement options.
Senate Republicans are again pushing State Treasurer Dale Folwell’s request to limit risk in the underfunded state pension plan by narrowing the number of retirement options.
 
The state panel that determines how much money North Carolina can prudently borrow over the next 10 years rejected an appeal Wednesday by Gov. Roy Cooper's budget director to triple the state's debt ceiling from $2.03 billion to more than $6 billion.
The state panel that determines how much money North Carolina can prudently borrow over the next 10 years rejected an appeal Wednesday by Gov. Roy Cooper's budget director to triple the state's debt ceiling from $2.03 billion to more than $6 billion.
 
A new debt affordability study for North Carolina could throw cold water on plans by the House and Gov. Roy Cooper to pass a nearly $2 billion bond for public school construction.
A new debt affordability study for North Carolina could throw cold water on plans by the House and Gov. Roy Cooper to pass a nearly $2 billion bond for public school construction.
 
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
 
There is a significant demographic change occurring in North Carolina that virtually no one is talking about
There is a significant demographic change occurring in North Carolina that virtually no one is talking about
 
As expected, Democratic Gov. Roy Cooper vetoed the General Assembly's most recent attempt to restructure the state's elections and ethics enforcement agencies. He also vetoed a "technical corrections" measure, rejecting two provisions in the catch-all legislation
As expected, Democratic Gov. Roy Cooper vetoed the General Assembly's most recent attempt to restructure the state's elections and ethics enforcement agencies. He also vetoed a "technical corrections" measure, rejecting two provisions in the catch-all legislation
 
The nonprofit and nonpartisan organization Truth in Accounting (TIA) recently released its “Financial State of the States” report. The report ranks states based on their ability or failure to meet outstanding financial obligations
The nonprofit and nonpartisan organization Truth in Accounting (TIA) recently released its “Financial State of the States” report. The report ranks states based on their ability or failure to meet outstanding financial obligations
 
Sometimes things happen slowly and then all at once, like love or bankruptcy. Sometimes they just happen suddenly, like a car accident or hitting the jackpot on a slot machine
Sometimes things happen slowly and then all at once, like love or bankruptcy. Sometimes they just happen suddenly, like a car accident or hitting the jackpot on a slot machine
 
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
 
State Treasurer Dale Folwell’s office yesterday issued a release reporting on the financial performance of the state’s pension fund
State Treasurer Dale Folwell’s office yesterday issued a release reporting on the financial performance of the state’s pension fund
 
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
 
Returns on state pension fund investments were flat for the first quarter of 2018. That triggered a warning by state Treasurer Dale Folwell about long-term pension stability
Returns on state pension fund investments were flat for the first quarter of 2018. That triggered a warning by state Treasurer Dale Folwell about long-term pension stability
 
State Treasurer Dale Folwell strongly hinted some of the 601 people terminated from the State Health Plan after a recent eligibility audit could be investigated
State Treasurer Dale Folwell strongly hinted some of the 601 people terminated from the State Health Plan after a recent eligibility audit could be investigated
 
Volatility in financial markets related to President Trump's imposition of steel and aluminum tariffs has N.C. Treasurer Dale Folwell's attention
Volatility in financial markets related to President Trump's imposition of steel and aluminum tariffs has N.C. Treasurer Dale Folwell's attention
 
North Carolina's pension plan value surpassed $100 billion for the first time in recent days, but volatility in the stock market has eroded a chunk of the gains, state Treasurer Dale Folwell reported
North Carolina's pension plan value surpassed $100 billion for the first time in recent days, but volatility in the stock market has eroded a chunk of the gains, state Treasurer Dale Folwell reported
 
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
 
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.
 
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