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Here’s a breakdown of raises in the Senate budget for teachers, state employees, retirees, UNC and community college personnel.
The House budget proposed 10.2% average raises for teachers, with 7.5% for state employees. Some employees in harder-to-fill positions would get higher raises — including school bus drivers, who ...
A shift of longevity pay to retention pay, which would slightly increase the rate of longevity pay for employees with more than 10 years of experience but less than 25 years of experience. It ...
State Treasurer Dale Folwell, who oversees the NC State Health Plan, leads a board meeting considering coverage of the weight loss medications called GLP-1s Thursday, Oct. 26, 2023, in Raleigh.
State Employees' Credit Union was originally incorporated on June 4, 1937 by employees of the State of North Carolina. The credit union began with $437 in assets and 17 members and was first operated from the basement of Raleigh's Agriculture Building. [6] By 1960, the credit union grew to serve over 70,000 members and had assets of almost $25 ...
As of March 2020, the largest American credit union was Navy Federal Credit Union, serving U.S. Department of Defense employees, contractors, and families of servicepeople, with over $125 billion in assets and over 9.1 million members. Total credit union assets in the U.S. reached $1 trillion as of March 2012.
In total, workers who are 50 and older can contribute up to $30,000 starting in 2023. The annual contribution limit for IRAs next year also increased to $6,500 from $6,000 — an increase of 8.3% ...
The Civil Service Retirement System ( CSRS) is a public pension fund organized in 1920 that has provided retirement, disability, and survivor benefits for most civilian employees in the United States federal government. Upon the creation of a new Federal Employees Retirement System (FERS) in 1987, those newly hired after that date cannot ...