SEANC leader paints unfunded liabilities fix as “not difficult” But massive liabilities have every NC family of four on the hook for $16k Fully funding these liabilities ... Keep Reading
state pension
State Pension Fund’s Liabilities Continue to Grow
State Treasurer Dale Folwell's office yesterday issued a release reporting on the financial performance of the state's pension fund. State Treasurer Dale R. Folwell, CPA reported ... Keep Reading
NC Retiree Unfunded Liabilities Now Top $40 Billion
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. The outlook is ... Keep Reading
New Study Provides Sour Diagnosis of NC’s Fiscal Health
State spending per capita has quadrupled since 1970, even after accounting for inflation Pension liability suffers from a “false impression of solvency” and is likely ten times ... Keep Reading
Senate Budget Plan Includes Retiree Insurance, Pension Reform
As highlighted in this Asheville Citizen-Times article, the NC Senate budget proposal includes measures to address two issues very critical to the long-term fiscal health of the ... Keep Reading
State Employee Group Files “Pay to Play” Complaint Against State Treasurer Janet Cowell
From the State Employee Association of North Carolina (SEANC) website: The State Employees Association of North Carolina today announced the filing of a complaint with the ... Keep Reading
State Pension Oversight: Fox Guarding Hen House?
Today Forbes has an update written by the investigator hired by the State Employees Association of NC (SEANC) to evaluate NC's state pension system for potential pay to play ... Keep Reading
Rapidly Growing Burden of State Retiree Benefits
For those paying attention to the cost of state government retirees, primarily the penion plan and health benefits, there is a section in the state budget that is especially ... Keep Reading
Civitas Poll: Voters Back State Pension Reform
Oct. 4, 2012 FOR IMMEDIATE RELEASE CONTACT: Brian Balfour (919) 834-2099 By a 12 percentage-point margin, North Carolinians believe state government should transition to ... Keep Reading
More Realistic Look at State Pension Fund Would Reveal Even Larger Hole
In his daily column at Carolina Journal today, John Hood informs us of a potential change in how liabilities for North Carolina's pension plan for retired state teachers and ... Keep Reading
