Tag: North Carolina
Dale Folwell says the boost for retirees would be paid for by investment gains, not taxes.
State Treasurer Dale Folwell credits a conservative investment strategy for the fund’s strong performance.
The fund’s portfolio has added nearly $15 billion in value since markets tumbled in March.
Bill before legislature is sparked by anger over a county employee who won government retirement benefits after embezzling nearly $1 million.
Report warns that pension’s return assumptions are ‘overly optimistic.’
New law looks to tackle state’s $50 billion in unfunded liabilities.
The 10th-largest US public pension fund reported solid Q2 results just last week.
Public equity outperforms, while fixed income lags behind.