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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
 
Whoopi Goldberg is reportedly spending her suspension from ABC’s “The View” focusing on educating herself about the Holocaust after she falsely claimed that the Holocaust was not about race.
Whoopi Goldberg is reportedly spending her suspension from ABC’s “The View” focusing on educating herself about the Holocaust after she falsely claimed that the Holocaust was not about race.
 
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
 
Jonathan Turley writes for The Hill about concerns stemming from recent legal action against former Trump lawyer Rudy Giuliani.
Jonathan Turley writes for The Hill about concerns stemming from recent legal action against former Trump lawyer Rudy Giuliani.
 
Rep. Marjorie Taylor Greene was suspended again by Twitter on Monday night after she tweeted material about COVID-19 that the big tech giant claims is in violation of their “misleading policy.”
Rep. Marjorie Taylor Greene was suspended again by Twitter on Monday night after she tweeted material about COVID-19 that the big tech giant claims is in violation of their “misleading policy.”
 
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.
 
Bars that had their liquor licenses suspended due to COVID-19 shutdowns may have gotten a reprieve, thanks to a deal announced by the head of the House ABC Committee and the chairman of the state ABC Commission.
Bars that had their liquor licenses suspended due to COVID-19 shutdowns may have gotten a reprieve, thanks to a deal announced by the head of the House ABC Committee and the chairman of the state ABC Commission.
 
Two Capitol Police officers have been suspended for their alleged actions during the riots that recently rocked the Capitol, Rep. Tim Ryan (D-OH) told reporters Monday.
Two Capitol Police officers have been suspended for their alleged actions during the riots that recently rocked the Capitol, Rep. Tim Ryan (D-OH) told reporters Monday.
 
On Monday, the social media site Parler filed a lawsuit against Amazon, claiming that Amazon’s suspension of Parler violated antitrust laws and breached the contract between the two entities.
On Monday, the social media site Parler filed a lawsuit against Amazon, claiming that Amazon’s suspension of Parler violated antitrust laws and breached the contract between the two entities.
 
Airbnb has taken steps in North Carolina to remove so-called “party houses” from their platform.
Airbnb has taken steps in North Carolina to remove so-called “party houses” from their platform.
 
As long as I am President, we will never waver in our undying loyalty to the American worker.
 
Steve Scully the controversial designated moderator of the cancelled second presidential debate has admitted he lied about his Twitter account being hacked and has been suspended indefinitely from his job at CSPAN.
Steve Scully the controversial designated moderator of the cancelled second presidential debate has admitted he lied about his Twitter account being hacked and has been suspended indefinitely from his job at CSPAN.
 
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.
 
Lawmakers moved to restrict pensions for public officials who commit crimes while performing their official duties.
Lawmakers moved to restrict pensions for public officials who commit crimes while performing their official duties.
 
N.C. House members took on a host of time-sensitive issues arising from the COVID-19 pandemic during a Wednesday, April 29, meeting of the House Pensions and Retirement Committee.
N.C. House members took on a host of time-sensitive issues arising from the COVID-19 pandemic during a Wednesday, April 29, meeting of the House Pensions and Retirement Committee.
 
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.
 
This week, the North Carolina Department of Public Instruction (DPI) released the 2018-19 Consolidated Data Report.
This week, the North Carolina Department of Public Instruction (DPI) released the 2018-19 Consolidated Data Report.
 
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.
 
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.
 
In 2014, the North Carolina legislature passed a law to curb “pension spiking” among public employees.
 
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
 
Volatility in financial markets related to President Trump's imposition of steel and aluminum tariffs has N.C. Treasurer Dale Folwell's attention
Volatility in financial markets related to President Trump's imposition of steel and aluminum tariffs has N.C. Treasurer Dale Folwell's attention
 
North Carolina's pension plan value surpassed $100 billion for the first time in recent days, but volatility in the stock market has eroded a chunk of the gains, state Treasurer Dale Folwell reported
North Carolina's pension plan value surpassed $100 billion for the first time in recent days, but volatility in the stock market has eroded a chunk of the gains, state Treasurer Dale Folwell reported
 
Milwaukee County Sheriff David A. Clarke submitted his resignation, without warning or explanation, to the Milwaukee County Clerk late Thursday.
Milwaukee County Sheriff David A. Clarke submitted his resignation, without warning or explanation, to the Milwaukee County Clerk late Thursday.
 
Pennsylvania legislators this week approved reforms to their pension program for state retirees, a move that is expected to save taxpayers billions.
Pennsylvania legislators this week approved reforms to their pension program for state retirees, a move that is expected to save taxpayers billions.
 
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
 
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.
 
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
 
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