Governance

all of the processes of governing, whether undertaken by a government, market or network, whether over a family, tribe, formal or informal organization or territory and whether through the laws, norms, power or language of an organized society

Budget, Taxation & Economy

North Carolina Investment Authority: Governance reform amid rising unfunded liabilities

With more than $55 billion in unfunded retirement liabilities, the State Investment Modernization Act (House Bill 506) represents a significant reform of the state retirement system’s governance and financial management.