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The State Pension needs to make 6.5% per year – this will allow us to fulfill our promises to those who have served our state without asking too much from our state budget.
More than 700,000 teachers, state employees, dependents and retirees are on the NC State Health Plan. The plan’s insurance carrier is set to change.
Professional experience: Prior to being elected as a state representative, I taught Economics at Clemson University, the University of South Carolina and UNC Charlotte. Additionally, I served as ...
The North Carolina State Treasurer is a statewide elected office in the U.S. state of North Carolina responsible for overseeing the financial operations of state government. The current state treasurer is Dale Folwell. The office of state treasurer has existed since 1715 in the Province of North Carolina; at that time, the treasurer was ...
Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...
For Timothy O’Connell, the executive director at the North Carolina Retired Governmental Employees’ Association, the state’s health liability is “is an issue not to be made light of, but ...
State of Wisconsin Investment Board: $109,960 $105,155 N/A N/A 9 North Carolina Retirement: $106,946 $96,094 88.3% 7.3% 10 Washington State Investment Board: $104,260 $86,615 85.5% 7.7% 11 Ohio Public Employees Retirement System: $97,713 $96,304 80.2% 7.5% 12 New Jersey Division of Investment: $80,486 $76,361 N/A N/A 13 Virginia Retirement ...
While the combined $17.9 million investments represent a sliver of the state’s overall retirement system value, Treasury spokesperson Frank Lester said “we are unsure at this time,” if the ...