Pensions
North Carolina Lowers Assumed Rate of Return for State Pensions to 6.5%
Investment rate cut is the third made by the state in the past four years.
Tag: Dale Folwell
Asset Allocation
North Carolina State Pension Returns 11% to End 2020 at Record High
State Treasurer Dale Folwell credits a conservative investment strategy for the fund’s strong performance.
Asset Allocation
North Carolina State Pension Hits Record $108.5 Billion Market Value
The fund’s portfolio has added nearly $15 billion in value since markets tumbled in March.
Regulation
Convicted Officials Shouldn’t Get Public Pensions, Say North Carolina Lawmakers
Bill before legislature is sparked by anger over a county employee who won government retirement benefits after embezzling nearly $1 million.
Asset Management Culture
NC State Pension Weathers Market Turmoil Well as Others Crumble
‘You can’t be a gambler, and you can’t profess to have a crystal ball,” says state treasurer Dale Folwell.
Regulation
North Carolina Retirement Systems’ Assumption Rate Reduced to 7%
Fund now projected to meet return expectations over the next 30 years.
Research
NC Retirement Systems Returns 13.5% in 2017
Pension fund assets grew $9.2 billion to $98.3 billion.
Regulation
More Trials Ahead for North Carolina Pension Fund
Despite fee slashes, fund is not yet out of the water.