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North Carolina's public employees retirement system is underfunded, bled more than $2 billion in red ink in the most recent 12-month period reported, and is outperformed by most other states, data show.
If the General Assembly approves State Treasurer Janet Cowell's request for more flexibility in how it invests the state's pension plan, North Carolina's investment in real estate could be among the largest in the nation.
The Democratic candidates for state treasurer both say the management and return on investment of North Carolina's mammoth health and pension plans for public employees need improvement, but their priorities differ.
The North Carolina Republican Party (NCGOP) today released the following statement upon North Carolina Treasurer Janet Cowell's announcement that she will not seek re-election...
North Carolina legislators have been to school in the complications and frustrations resulting from tax policy changes.
An organization representing 55,000 state employees has asked the U.S. Securities and Exchange Commission to investigate "widespread potential violations of law" involving State Treasurer Janet Cowell's handling of investments from the $87 billion state retirement system.
Former State Treasurer Richard Moore will deliver the commencement address at the 47th graduation for Beaufort County Community College set for 7 p.m. Thursday, May 15 in the auditorium of Washington High School.
North Carolina has been fortunate to have honest and trustworthy State Treasurers. Current Treasurer Janet Cowell is no exception.
Today, it was announced that North Carolina retained its "AAA" rating by all three agencies, the highest credit rating available to state governments.
Governor Pat McCrory is correct in pointing out the deplorable conditions in many state buildings and properties.
Investing 83 billion dollars for more than 875,000 current and retired public employees is an awesome responsibility, one North Carolina delegates to our State Treasurer.
A bill allowing the treasurer more leeway to invest the state pension plan in riskier portfolios is set tonight for its first Senate floor vote.
A deputy to state treasurer Janet Cowell is warning that efforts to take Charlotte Douglas International Airport away from the City of Charlotte and have it run by a new regional authority could have negative consequences on the state's borrowing power.
The media is dismissing Steve Royal, the GOP nominee for state treasurer, as an also-ran -- an after-thought.
Janet Cowell's primary responsibility as State Treasurer is to oversee the pension fund for retired North Carolina teachers and state employees. So why does her campaign receive so many contributions from far-away states like New York, Pennsylvania and California?
State Treasurer Janet Cowell is coming under fire from state employees and retirees who are raising questions about the pension fund's management after it invested in Facebook - which saw its value tank after its stock market debut.