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126 Results found for unfunded liabilities

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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
 
North Carolina State Treasurer Dale Folwell is warning of a potential financial crisis for retiree healthcare provided by local governments across the state.
North Carolina State Treasurer Dale Folwell is warning of a potential financial crisis for retiree healthcare provided by local governments across the state.
 
Department of State Treasurer Cooperating With Local Officials to Help Identify Solutions; City of Winston-Salem Earns Gold Medal For Foresight and Funding Discipline
Department of State Treasurer Cooperating With Local Officials to Help Identify Solutions; City of Winston-Salem Earns Gold Medal For Foresight and Funding Discipline
 
Pension plans for state government retirees are strained
 
On Wednesday, former Sen. Rick Santorum, R-Pennsylvania, and North Carolina House Republicans held a press conference supporting a bill making North Carolina the 20th state to call for a Convention of States.
On Wednesday, former Sen. Rick Santorum, R-Pennsylvania, and North Carolina House Republicans held a press conference supporting a bill making North Carolina the 20th state to call for a Convention of States.
 
Self-inflicted wounds, not changing demographics, are undermining the higher-ed sector.
Self-inflicted wounds, not changing demographics, are undermining the higher-ed sector.
 
Bolstering the Case for a Taxpayer Bill of Rights
 
Funded Level Grows More Than Fourfold Since Treasurer Folwell First Took Office
 
North Carolina has seen a $7 billion improvement over the past year in the shortfall for government retirees’ health benefits. That’s according to a new report from The Segal Group.
North Carolina has seen a $7 billion improvement over the past year in the shortfall for government retirees’ health benefits. That’s according to a new report from The Segal Group.
 
Especially during an election season, taxpayers must be wary of calls to expand government
Especially during an election season, taxpayers must be wary of calls to expand government
 
An honest assessment of our current fiscal situation is required
 
Recently the John Locke Foundation team met with candidates running for local office. We highlighted critical principles for local government’s fiscal health and sustainability.
Recently the John Locke Foundation team met with candidates running for local office. We highlighted critical principles for local government’s fiscal health and sustainability.
 
Thanks to fiscally conservative policies of spending restraint and saving, state debt continues to trend downward as highlighted in the Debt Affordability Advisory Committee’s (the Committee) annual report submitted to the Governor and General Assembly last week.
Thanks to fiscally conservative policies of spending restraint and saving, state debt continues to trend downward as highlighted in the Debt Affordability Advisory Committee’s (the Committee) annual report submitted to the Governor and General Assembly last week.
 
We’ve heard the characterization plenty of times over the years: Republicans are the party of the rich and Democrats are the party of the working class.
We’ve heard the characterization plenty of times over the years: Republicans are the party of the rich and Democrats are the party of the working class.
 
It’s hard to get away from an object that’s sticky.
 
The current version of Senate Bill 717 would add a Taxpayer Bill of Rights to the state constitution and provide two conforming amendments to carry it out.
The current version of Senate Bill 717 would add a Taxpayer Bill of Rights to the state constitution and provide two conforming amendments to carry it out.
 
This nearly one-third reduction of state debt frees up the General Funds budget for other priorities, as annual debt service payments become less burdensome.
This nearly one-third reduction of state debt frees up the General Funds budget for other priorities, as annual debt service payments become less burdensome.
 
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.
 
Now that Democrats control the White House and both chambers of Congress (however narrowly), they will probably approve a new round of federal borrowing to bail out state and local governments with shaky finances.
Now that Democrats control the White House and both chambers of Congress (however narrowly), they will probably approve a new round of federal borrowing to bail out state and local governments with shaky finances.
 
Time is running out for North Carolina’s State Health Plan.
 
Taxes and employee benefits are at the center of the race for N.C. treasurer.
 
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.
 
Diabetic state employees soon won’t have to swallow the rising cost of insulin.
 
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.
 
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.
 
North Carolina is home to a number of vital industries and many beautiful sights.
North Carolina is home to a number of vital industries and many beautiful sights.
 
Certainly, the most disappointing part of President Donald Trump’s State of the Union address was that there was no mention of the federal spending crisis or our $23 trillion national debt.
Certainly, the most disappointing part of President Donald Trump’s State of the Union address was that there was no mention of the federal spending crisis or our $23 trillion national debt.
 
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.
 
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.
 
In New Hanover County, the possibility of selling the county-owned hospital has ignited a storm of gossip and conspiracy theories, pitted the county’s leaders against one another, and mobilized some 200 residents into attending a Save Our Hospital protest meeting Tuesday, Jan. 21.
In New Hanover County, the possibility of selling the county-owned hospital has ignited a storm of gossip and conspiracy theories, pitted the county’s leaders against one another, and mobilized some 200 residents into attending a Save Our Hospital protest meeting Tuesday, Jan. 21.
 
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.
 
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