Changes to the State Health Plan may be coming, following a vote of the State Health Plan Board of Trustees taking place today. State employees who now pay no health insurance ... Keep Reading
unfunded liabilities
NC’s Unfunded Pension Liabilities Increase Worst in Nation
From 2009 to 2012, North Carolina's unfunded state pension liabilities skyrocketed by nearly 700%. That's the findings of new data released by the Institute for Truth in ... 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
Committee Examines State Debt & Liabilities: Outlook is Grim
Today the House Select Committee on Legacy Costs from the State Health Plan, Pensions and Employment Security Commission met to discuss the financial condition of those programs. ... Keep Reading
State Pension Fund Returns Nearly $4 Billion Below Projections
An already bad week for State Treasurer Janet Cowell just got a little worse. On the heels of the Facebook fiasco, which raised several questions of dubious ethics, we now hear ... Keep Reading