The provision in the state budget that will have the most significant long-term impact on the fiscal health of our state government is making few headlines. On page 406 of the ... Keep Reading
state retirees
Much More Needed to Address NC’s $25.5 Billion Unfunded Retiree Health Benefit Liability
At a Joint Legislative Program Evaluation Oversight Committee meeting Monday, legislators discussed ways to address the state's $25 billion unfunded liability for state retiree ... Keep Reading
Time to Move on State Pension Reform
The N&O offers up this editorial highlighting the findings of their recent series examining some eye-popping compensation packages of state government workers. Among the issues ... Keep Reading
State Treasurer Cowell: “Obviously, that means more burden on taxpayers”
A couple of months ago, I blogged here about how North Carolina's pension fund is likely in much worse shape than even the current $2.8 billion unfunded liability represents. The ... Keep Reading
Who Wants to Be a Millionaire?
Check out this new feature produced by the folks at the Manhattan Institute. At calculateyourpension.com/NC/ all of us poor saps in the private sector can calculate the pension you ... Keep Reading
Public Servants?
Credit to the N&O for publishing this outstanding piece exposing some appalling information about North Carolina's most lucrative state pensioner. In 2005, Charles R. Franklin ... Keep Reading
