North Carolina’s unfunded liabilities for the state employee pension plan and state health plan pose a fiscal crisis to the state. Over the last decade, the value of unfunded liabilities…
Pension plans for state government retirees are strained. ESG funding in pension plans prioritizes “woke” values over return on investments, while exposure to China stocks has some fund managers worried.…
Especially during an election season, taxpayers must be wary of calls to expand government. New government spending means more government workers, salaries, and benefits, which means growing the long-term liabilities…
The magazine, Chief Investment Officer (CIO), recently published an article about North Carolina’s pension system based on a joint report between the John Locke Foundation and the California-based Reason Foundation.…
At a certain age, everyone begins to wonder, “Have I saved enough for retirement?” For most people, the answer is that they have not and will not. Governments have not…
Executive Summary North Carolina’s Teachers’ and State Employees’ Retirement System (TSERS) is widely recognized as being among the nation’s healthiest pension plan systems, currently almost 90 percent funded at a…
North Carolina had the sixth-best funded pension for state employees and teachers in the country in 2017, according to the Pew Charitable Trusts. Past and present state leaders deserve credit…
Dan Way reports for Carolina Journal: Senate Republicans are again pushing State Treasurer Dale Folwell’s request to limit risk in the underfunded state pension plan by narrowing the number of…
Unfunded pension liabilities are driving up the cost of state government borrowing. For states, there may not be much difference between Republicans and Democrats. But for local governments, Democratic control…
In an article published in Education Week, Daarel Burnette and Madeline Will point out that the rising cost of pension obligations is consuming dollars that would otherwise be spent on…
In an ILR Review study of pension structure and employee turnover, researchers Dan Goldhaber, Cyrus Grout, and Kristian Holden examined turnover among teachers enrolled in either a traditional defined benefit…
According to “Feeling the Squeeze: Pension Costs Are Crowding Out Education Spending” by Josh B. McGee of the Manhattan Institute, North Carolina was one of eight states that had declining…