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8 Results found for retirement plan

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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.
 
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 says a revised Senate Bill 117 would eliminate some costly benefit options and impose forfeiture of retirement benefits for some criminal offenses
State Treasurer Dale Folwell says a revised Senate Bill 117 would eliminate some costly benefit options and impose forfeiture of retirement benefits for some criminal offenses
 
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
 
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
 
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
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
 
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
 
For years in North Carolina, when teachers and state employees complained about salaries that were lower than their counterparts in the private sector.
For years in North Carolina, when teachers and state employees complained about salaries that were lower than their counterparts in the private sector.
 
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