by Sarah Curry
Director of Fiscal Policy Studies
The Retirement Systems Division and the North Carolina Department of State Treasurer announced yesterday that Durham County School District has decided to allow its employees to participate in the NC 403(b) Program.
The NC 403(b) Program is a state-sponsored defined contribution program. Durham County School District joins 39 other districts — including Charlotte Mecklenburg, Chapel Hill-Carrboro, and Craven County School Districts — in providing the NC 403(b) Program.