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24 Results found for tsers

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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
 
One-Time Supplemental Payment Granted by General Assembly for TSERS, CJRS and LRS
 
The NC Court of Appeals ruling this week against Wilson County schools in a pension-spiking dispute could affect outstanding cases in Harnett and Union counties.
The NC Court of Appeals ruling this week against Wilson County schools in a pension-spiking dispute could affect outstanding cases in Harnett and Union counties.
 
The Wilson County Board of Education owes more than $400,000 to help fund a former assistant superintendent's retirement benefits, based on a ruling Tuesday from the state Court of Appeals.
The Wilson County Board of Education owes more than $400,000 to help fund a former assistant superintendent's retirement benefits, based on a ruling Tuesday from the state Court of Appeals.
 
The North Carolina House released its biennium budget proposal this week as scheduled, and the North Carolina Senate is scheduled to release its version next before the two chambers meet to establish a conference budget
The North Carolina House released its biennium budget proposal this week as scheduled, and the North Carolina Senate is scheduled to release its version next before the two chambers meet to establish a conference budget
 
Today, the state will pay the largest one-time supplemental bonus in history for benefit recipients of the Teachers’ and State Employees’ Retirement System, Consolidated Judicial Retirement System, Legislative Retirement System and the Local and Governmental Employees’ Retirement System.
Today, the state will pay the largest one-time supplemental bonus in history for benefit recipients of the Teachers’ and State Employees’ Retirement System, Consolidated Judicial Retirement System, Legislative Retirement System and the Local and Governmental Employees’ Retirement System.
 
Treasurer Folwell and TSERS Board of Trustees Acknowledge His Contributions to the Retirement Systems
Treasurer Folwell and TSERS Board of Trustees Acknowledge His Contributions to the Retirement Systems
 
The magazine, Chief Investment Officer (CIO), recently published an article about North Carolina’s pension system based on a joint report between the John Locke Foundation and the California-based Reason Foundation.
The magazine, Chief Investment Officer (CIO), recently published an article about North Carolina’s pension system based on a joint report between the John Locke Foundation and the California-based Reason Foundation.
 
In 2014, the North Carolina legislature passed a law to curb “pension spiking” among public employees.
 
At a certain age, everyone begins to wonder, “Have I saved enough for retirement?”
At a certain age, everyone begins to wonder, “Have I saved enough for retirement?”
 
At a certain age, everyone begins to wonder, “Have I saved enough for retirement?”
At a certain age, everyone begins to wonder, “Have I saved enough for retirement?”
 
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
 
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.
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.
 
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
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
 
The Investment Advisory Committee that helps state Treasurer Janet Cowell develop the financial management strategy for state funds will meet this week to begin a process of developing ethics guidelines for its members that could include rules regarding insider trading and accepting gifts
The Investment Advisory Committee that helps state Treasurer Janet Cowell develop the financial management strategy for state funds will meet this week to begin a process of developing ethics guidelines for its members that could include rules regarding insider trading and accepting gifts
 
According to the most recent report available, North Carolina's main pension fund for retired state employees is strapped with a $3.7 billion unfunded liability. This growing liability means taxpayers must pony up an increasing amount of funds to cover the costs of promised benefits to retirees...
According to the most recent report available, North Carolina's main pension fund for retired state employees is strapped with a $3.7 billion unfunded liability. This growing liability means taxpayers must pony up an increasing amount of funds to cover the costs of promised benefits to retirees...
 
The State Employees Association of North Carolina could receive significant monetary awards if it prevailed in a whistleblower complaint against those investing the state pension fund's money.
The State Employees Association of North Carolina could receive significant monetary awards if it prevailed in a whistleblower complaint against those investing the state pension fund's money.
 
State agencies would have to reimburse the state retirement system for costs associated with allowing employees to pad their incomes to earn more lucrative pensions under legislation expected to get a House hearing this week.
State agencies would have to reimburse the state retirement system for costs associated with allowing employees to pad their incomes to earn more lucrative pensions under legislation expected to get a House hearing this week.
 
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.
 
North Carolina is $37.6 billion short of the money it needs to pay its long-term bills, according to a June 25 report by the Institute for Truth in Accounting.
North Carolina is $37.6 billion short of the money it needs to pay its long-term bills, according to a June 25 report by the Institute for Truth in Accounting.
 
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