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Government retirees object to a proposed "writ of prohibition" from the N.C. Supreme Court that would stop them from pursuing a class-action lawsuit. The retirees want the state to restore premium-free health benefits they enjoyed before a change in state law in 2011.
Published: Saturday, September 16th, 2023 @ 3:40 pm
By: Carolina Journal
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North Carolina State Treasurer Dale Folwell is warning of a potential financial crisis for retiree healthcare provided by local governments across the state.
Published: Monday, August 7th, 2023 @ 3:25 pm
By: Carolina Journal
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Lawyers representing the state government health and retirement plans and Treasurer Dale Folwell seek a rare "writ of prohibition" from the N.C. Supreme Court. The writ would block a 2022 ruling linked to government retirees' health benefits.
Published: Thursday, August 3rd, 2023 @ 4:22 pm
By: Carolina Journal
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House Bill 750 Protects State Pension Plan, Retirees and Employees from 'Wacktivism'
Published: Friday, July 28th, 2023 @ 1:20 pm
By: Eastern NC NOW Staff
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Department of State Treasurer Cooperating With Local Officials to Help Identify Solutions; City of Winston-Salem Earns Gold Medal For Foresight and Funding Discipline
Published: Wednesday, July 5th, 2023 @ 8:16 am
By: Eastern NC NOW Staff
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Pension plans for state government retirees are strained
Published: Wednesday, April 19th, 2023 @ 12:32 am
By: John Locke Foundation
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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.
Published: Friday, October 28th, 2022 @ 3:10 pm
By: Eastern NC NOW Staff
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The N.C. attorney general is urging the U.S. Supreme Court to take up a case involving disputed premiums for government retirees on the State Health Plan.
Published: Wednesday, September 21st, 2022 @ 3:15 pm
By: Carolina Journal
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For the fourth year in a row, negotiations have resulted in substantial savings for dental, vision and identity theft protection
Published: Tuesday, September 20th, 2022 @ 3:43 am
By: Eastern NC NOW Staff
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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.
Published: Monday, September 5th, 2022 @ 12:13 pm
By: Carolina Journal
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The N.C. Supreme Court has ruled, 4-2, that 220,000 state government retirees had a contractual right to premium-free health care benefits that had been promised to them. Now a trial court will have to determine whether state changes to those benefits a decade ago violated the contract.
Published: Wednesday, March 16th, 2022 @ 2:05 pm
By: Carolina Journal
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Retired health care workers will be able to regain licensure more quickly as North Carolina prepares for a potential outbreak of the coronavirus.
Published: Sunday, March 15th, 2020 @ 1:07 pm
By: Carolina Journal
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Teachers and retirees are suffering without a budget in place, two freshman Democratic lawmakers said during a March 10 news conference.
Published: Friday, March 13th, 2020 @ 8:37 am
By: Carolina Journal
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State retirees and their dependents beginning next year won’t pay premiums on Medicare Advantage plans.
Published: Thursday, March 12th, 2020 @ 10:54 am
By: Carolina Journal
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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.
Published: Tuesday, February 11th, 2020 @ 6:30 pm
By: Carolina Journal
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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
Published: Wednesday, November 1st, 2017 @ 12:07 am
By: Civitas Insitute
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The provision in the state budget that will have the most significant long-term impact on the fiscal health of our state government is making few headlines
Published: Wednesday, June 28th, 2017 @ 2:53 pm
By: Civitas Insitute
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Pennsylvania legislators this week approved reforms to their pension program for state retirees, a move that is expected to save taxpayers billions.
Published: Saturday, June 10th, 2017 @ 9:47 am
By: Civitas Insitute
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The N.C. Department of Justice is considering how to respond to a Superior Court judge's ruling that the state unconstitutionally charged health insurance premiums to state retirees
Published: Wednesday, May 24th, 2017 @ 9:28 pm
By: John Locke Foundation
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Legislation that could recommend a shift in the state Retiree Health Benefit Fund from a defined-benefit to defined-contribution model passed the House on Thursday by a 114-0 vote and heads to the Senate
Published: Saturday, March 4th, 2017 @ 2:40 pm
By: John Locke Foundation
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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 North Carolina House released its budget plan for FY 2014-15, which would spend $21.09 billion. The total would be a 2.3 percent increase over the current fiscal year’s budget.
Published: Saturday, June 21st, 2014 @ 8:29 pm
By: Civitas Insitute
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Senate Budget Plan Includes Largest Teacher Pay Raise in State History North Carolina's state Senate last night released its proposed changes to the second year of the 2013-15 biennial budget.
Published: Friday, May 30th, 2014 @ 9:11 am
By: Civitas Insitute
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That's how newly elected Governor Pat McCrory described his first state budget proposal at a press conference Wednesday morning.
Published: Tuesday, March 26th, 2013 @ 11:10 am
By: Civitas Insitute
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Did you know that the State of NC Department of Commerce runs a program (in addition to all the other things it does) designed to bring retirees to a specific community?? Which community, you ask??
Published: Sunday, December 23rd, 2012 @ 8:31 am
By: Jim Bispo
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Janet Cowell's primary responsibility as State Treasurer is to oversee the pension fund for retired North Carolina teachers and state employees. So why does her campaign receive so many contributions from far-away states like New York, Pennsylvania and California?
Published: Saturday, October 6th, 2012 @ 1:30 am
By: Civitas Insitute
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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.
Published: Wednesday, August 29th, 2012 @ 4:20 am
By: Civitas Insitute
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