State finances have improved dramatically over the last decade, but state employee pension and health benefit liabilities still loom large This is remaining residue from decades ... Keep Reading
pension fund
Overpromising, Not Underfunding, Causing Pension Liability Growth
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 ... Keep Reading
Treasurer Cowell With More Ethical Questions
The N&O reports today that State Treasurer Janet Cowell has plans to join the boards of two publicly traded companies, which despite the pre-approval from the state ethics ... Keep Reading
Legislators Should Question Cowell Before Trusting Her To Take More Risk With Pension Fund
State Treasurer Janet Cowell is at it again, sending a letter to legislators urging the passage of SB 558 - a bill that would allow the Treasurer's office to invest a higher share ... Keep Reading
Doubling Down with Taxpayer Dollars
This week's Bad Bill of the Week focuses on a bill just approved by a Senate committee yesterday. Here is a sample: Gamblers on a losing streak often resort to desperately making ... Keep Reading
