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Results found for "state pension"


A unanimous state Court of Appeals panel has ruled in favor of the state retirement system and against the Harnett County school board in a pension-spiking dispute.
A unanimous state Court of Appeals panel has ruled in favor of the state retirement system and against the Harnett County school board in a pension-spiking dispute.
 
The state retirement system and top legislative leaders are asking the North Carolina Supreme Court to dismiss the Wilson County school board's appeal in a pension-spiking dispute.
The state retirement system and top legislative leaders are asking the North Carolina Supreme Court to dismiss the Wilson County school board's appeal in a pension-spiking dispute.
 
The Wilson County school board is asking the state Supreme Court to review a $400,000 penalty linked to the state's law against pension spiking.
The Wilson County school board is asking the state Supreme Court to review a $400,000 penalty linked to the state's law against pension spiking.
 
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
UNC Health and ECU Leave State Employees and Taxpayers with a $1 Billion Bill and Threaten the Tax-Exempt Status of the Pension Plan
 
On Friday afternoon, Gov. Roy Cooper vetoed two bills including one that would prevent state pension money from being invested using environmental, social, and governance (ESG) criteria in state investment decisions.
On Friday afternoon, Gov. Roy Cooper vetoed two bills including one that would prevent state pension money from being invested using environmental, social, and governance (ESG) criteria in state investment decisions.
 
Lawmakers vote to ban ESG investing in state pension plans, pushback on plans to tap Mandy Cohen for head of the federal Centers for Disease Control, and Fort Bragg gets a name change
Lawmakers vote to ban ESG investing in state pension plans, pushback on plans to tap Mandy Cohen for head of the federal Centers for Disease Control, and Fort Bragg gets a name change
 
House Bill 750 Protects State Pension Plan, Retirees and Employees from 'Wacktivism'
Published: Friday, July 28th, 2023 @ 1:20 pm By: ENC NOW
House Bill 750 Protects State Pension Plan, Retirees and Employees from 'Wacktivism'
 
An Act to Address the Use of Environmental, Social, and Governance Criteria by State Agencies and State Pension Plan Fiduciaries
Published: Monday, July 17th, 2023 @ 1:21 pm By: ENC NOW
An Act to Address the Use of Environmental, Social, and Governance Criteria by State Agencies and State Pension Plan Fiduciaries
 
One of the largest public state pension funds in the nation has routinely accepted shareholder resolution advice from a woke proxy advisory firm based in San Francisco
Published: Tuesday, June 6th, 2023 @ 8:43 pm By: Daily Wire
One of the largest public state pension funds in the nation has routinely accepted shareholder resolution advice from a woke proxy advisory firm based in San Francisco
 
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.
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.
 
The Harnett County school board and State Retirement Division are squabbling at the N.C. Court of Appeals over $197,000. The money is tied to a pension-spiking assessment.
The Harnett County school board and State Retirement Division are squabbling at the N.C. Court of Appeals over $197,000. The money is tied to a pension-spiking assessment.
 
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.
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.
 
Virginia Gov. Glenn Youngkin (R-VA) issued an executive order on Tuesday directing his state’s agencies to report fines and suspensions related to COVID.
Published: Sunday, December 11th, 2022 @ 9:41 am By: Daily Wire
Virginia Gov. Glenn Youngkin (R-VA) issued an executive order on Tuesday directing his state’s agencies to report fines and suspensions related to COVID.
 
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.
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.
 
N.C. House, Senate Urge Congress to Change Law so State Pensions Can Recover Losses from Russia
N.C. House, Senate Urge Congress to Change Law so State Pensions Can Recover Losses from Russia
 
Beaufort County's largest governing body - a body politic of the State of North Carolina - voted 5 to 2 to ask for the suspension of the Impeachment of President Donald J. Trump.
Beaufort County's largest governing body - a body politic of the State of North Carolina - voted 5 to 2 to ask for the suspension of the Impeachment of President Donald J. Trump.
 
Cities and Counties Won't Need to Increase Property Taxes
Cities and Counties Won't Need to Increase Property Taxes
 
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.
 
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.
 
During Sunshine Week — seven days highlighting the public’s right to know about what happens behind the government’s closed doors — much of North Carolina’s health care system remains in the shade.
During Sunshine Week — seven days highlighting the public’s right to know about what happens behind the government’s closed doors — much of North Carolina’s health care system remains in the shade.
 
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.
 
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.
 
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.
 
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
 
State Treasurer Dale Folwell said he is awaiting guidance from lawyers before deciding whether to challenge an N.C. Court of Appeals ruling that allows four former school superintendents to collect an additional $1.7 million in retirement benefits from alleged pension spiking
State Treasurer Dale Folwell said he is awaiting guidance from lawyers before deciding whether to challenge an N.C. Court of Appeals ruling that allows four former school superintendents to collect an additional $1.7 million in retirement benefits from alleged pension spiking
 
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
 
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
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
 
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
 
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
 
State Treasurer Dale Folwell hopes the General Assembly will build on its recent boost in the state's Rainy Day Fund with a plan to make state pensions and health benefits more solvent
State Treasurer Dale Folwell hopes the General Assembly will build on its recent boost in the state's Rainy Day Fund with a plan to make state pensions and health benefits more solvent
 
A new report ranking states' fiscal health puts North Carolina 15th nationally, highlighting the Tar Heel State's strong revenue and solid pension funding.
A new report ranking states' fiscal health puts North Carolina 15th nationally, highlighting the Tar Heel State's strong revenue and solid pension funding.
 
State Treasurer Dale Folwell wants to know if Wall Street investors charged the state fees on $9 billion of state pension plan money that never got invested
State Treasurer Dale Folwell wants to know if Wall Street investors charged the state fees on $9 billion of state pension plan money that never got invested
 
A very insightful article in BloombergBusinessWeek highlights some of the ways NC Treasurer Dale Folwell plans to save the state significant sums of money.
A very insightful article in BloombergBusinessWeek highlights some of the ways NC Treasurer Dale Folwell plans to save the state significant sums of money.
 
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
 
More than two years after releasing a scathing report alleging that a glut of investment fund managers are collecting fees that have plundered North Carolina’s state employee pension plan
More than two years after releasing a scathing report alleging that a glut of investment fund managers are collecting fees that have plundered North Carolina’s state employee pension plan
 
In July 2016, the NC State Treasurer released annual performance figures for the N.C. pension fund
In July 2016, the NC State Treasurer released annual performance figures for the N.C. pension fund
 
During a contentious debate Tuesday night, Republican state treasurer candidate Dale Folwell hammered repeatedly on the theme that the state health care plan is broke, the state pension plan is underperforming, and his Democratic opponent Dan Blue III attended fundraisers in New York City
During a contentious debate Tuesday night, Republican state treasurer candidate Dale Folwell hammered repeatedly on the theme that the state health care plan is broke, the state pension plan is underperforming, and his Democratic opponent Dan Blue III attended fundraisers in New York City
 
In July 2016, the NC State Treasurer released annual performance figures for the N.C. pension fund, which is responsible for the retirement assets of nearly one million of our state's teachers, state/local employees, law enforcement, firefighters, rescue workers and National Guard members.
In July 2016, the NC State Treasurer released annual performance figures for the N.C. pension fund, which is responsible for the retirement assets of nearly one million of our state's teachers, state/local employees, law enforcement, firefighters, rescue workers and National Guard members.
 

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