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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
Published: Thursday, August 2nd, 2018 @ 6:09 pm
By: Civitas Insitute
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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...
Published: Wednesday, July 23rd, 2014 @ 6:31 pm
By: Civitas Insitute
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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?
Published: Wednesday, March 28th, 2012 @ 10:16 pm
By: John Locke Foundation
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