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“It could ultimately have an impact on not only its operating budgets from a year-to-year basis but also have an impact on our gigantic unfunded healthcare liability,” Folwell said.
“It could ultimately have an impact on not only its operating budgets from a year-to-year basis but also have an impact on our gigantic unfunded healthcare liability,” Folwell said.
 
Nearly 10,000 Members Added to Humana Plans Results in Savings to Help Unfunded Liability
Published: Friday, May 19th, 2023 @ 12:40 pm By: ENC NOW
Nearly 10,000 Members Added to Humana Plans Results in Savings to Help Unfunded Liability
 
A new calculation from N.C. state officials says more than $677 million of a court-ordered Leandro education plan remains unfunded.
A new calculation from N.C. state officials says more than $677 million of a court-ordered Leandro education plan remains unfunded.
 
Gov. Roy Cooper says his proposed 2022-23 budget adjustments would address unfunded pieces of a court-ordered Leandro school funding plan.
Gov. Roy Cooper says his proposed 2022-23 budget adjustments would address unfunded pieces of a court-ordered Leandro school funding plan.
 
The Carolina Journal makes a wide sweeping evaluation of the news that most effects us here in North Carolina, and is distilled, here on BCN, for your clear understanding by the electronic means of video broadcast.
The Carolina Journal makes a wide sweeping evaluation of the news that most effects us here in North Carolina, and is distilled, here on BCN, for your clear understanding by the electronic means of video broadcast.
 
State officials report that close to $800 million remains unfunded from a judge’s $1.7 billion state education spending order. That assessment resulted from a court-ordered comparison of the spending plan and the new state budget.
State officials report that close to $800 million remains unfunded from a judge’s $1.7 billion state education spending order. That assessment resulted from a court-ordered comparison of the spending plan and the new state budget.
 
North Carolina is a model for states looking to diffuse a looming debt crisis over unfunded health care benefits for state retirees, the Manhattan Institute says in a report.
North Carolina is a model for states looking to diffuse a looming debt crisis over unfunded health care benefits for state retirees, the Manhattan Institute says in a report.
 
North Carolina should avoid borrowing billions, even though the state’s “credit card limit,” a recent study says, is more than $11 billion over the next decade.
North Carolina should avoid borrowing billions, even though the state’s “credit card limit,” a recent study says, is more than $11 billion over the next decade.
 
A big change to the state Medicaid program remains unfunded, increasing the risk of costly delays in Medicaid transformation.
A big change to the state Medicaid program remains unfunded, increasing the risk of costly delays in Medicaid transformation.
 
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.
 
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
 
The U.S. House of Representative on Friday, July 13, voted to close a loophole in the Unfunded Mandates Reform Act of 1995, which requires agencies to curtail the regulatory costs on local governments and businesses
The U.S. House of Representative on Friday, July 13, voted to close a loophole in the Unfunded Mandates Reform Act of 1995, which requires agencies to curtail the regulatory costs on local governments and businesses
 
Governor Roy Cooper today urged legislative Republicans to provide funding for smaller class sizes to phase in the currently unfunded mandate when they convene in Raleigh next week
Governor Roy Cooper today urged legislative Republicans to provide funding for smaller class sizes to phase in the currently unfunded mandate when they convene in Raleigh next week
 
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 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
 
Judging by what makes the front pages, the top of the newscasts, and the list of "what's trending" on social media, North Carolina politics consists of spirited debates about H.B. 2, spirited debates about voting laws, spirited debates about teacher pay
Judging by what makes the front pages, the top of the newscasts, and the list of "what's trending" on social media, North Carolina politics consists of spirited debates about H.B. 2, spirited debates about voting laws, spirited debates about teacher pay
 
A legislative oversight committee on Wednesday voted to consider measures aimed at reducing the $25.5 billion unfunded liability in the state retiree health benefit fund.
A legislative oversight committee on Wednesday voted to consider measures aimed at reducing the $25.5 billion unfunded liability in the state retiree health benefit fund.
 
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...
 
North Carolina is among a number of state governments plagued by massive unfunded liabilities for state retirees' health insurance benefits, and, like many of its counterparts, it is placing greater responsibility for costs on members in a movement known as medical consumerism.
North Carolina is among a number of state governments plagued by massive unfunded liabilities for state retirees' health insurance benefits, and, like many of its counterparts, it is placing greater responsibility for costs on members in a movement known as medical consumerism.
 
When you promise to pay someone in the future, you have a debt with him. However, were you to use cash accounting, as North Carolina's government does, you would not record it as such, because no cash changed hands.
When you promise to pay someone in the future, you have a debt with him. However, were you to use cash accounting, as North Carolina's government does, you would not record it as such, because no cash changed hands.
 
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.
 
While unfunded liabilities continue to garner plenty of attention in the press, I fear a lack of understanding means this attention is failing to translate into legislative action.
While unfunded liabilities continue to garner plenty of attention in the press, I fear a lack of understanding means this attention is failing to translate into legislative action.
 
It is amazing how many things politicians and bureaucrats can think up for other people to do. We are repeatedly directed to implement all manner of great sounding things.
Published: Sunday, May 20th, 2012 @ 6:43 am By: Jim Bispo
It is amazing how many things politicians and bureaucrats can think up for other people to do. We are repeatedly directed to implement all manner of great sounding things.
 
The next time you hear a North Carolina politician talk about the "need" to use tax dollars or public debt to build a new ballpark, convention center, rail line, or similar luxury, ask them this simple question: how much more do you think we can afford?
The next time you hear a North Carolina politician talk about the "need" to use tax dollars or public debt to build a new ballpark, convention center, rail line, or similar luxury, ask them this simple question: how much more do you think we can afford?
 
Beaufort County seeks justice in regards to eqitable governing in respect to the legislation associated with the Health Care Reform Bill.
Beaufort County seeks justice in regards to eqitable governing in respect to the legislation associated with the Health Care Reform Bill.
 

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