Tag:state treasurer

  • Folwell pursuing fees from pension fund managers

    State Treasurer Dale Folwell wants to know if Wall Street investors charged the state fees on $9 billion of state pension plan money that never got invested. At the same time, unfunded liabilities in the retirement system grew to more than $13 billion. Folwell said some…

  • State pension fund loses money in final quarter of last year

    While new state Treasurer Dale Folwell said he hopes to spark higher returns in the state employees retirement plan, North Carolina’s state pension fund reported a loss for the fourth quarter of 2016, failing to meet targeted annual growth. Folwell said the pension fund returns for the three-month…

  • State treasurer debate gets testy

    STATESVILLE — During a contentious debate Tuesday night, Republican state treasurer candidate Dale Folwell hammered repeatedly on the theme that the state health care plan is broke, the state pension plan is underperforming, and his Democratic opponent Dan Blue III attended fundraisers in New York City where Wall Street investment…

  • Outside influence in government

    The following editorial was published in the August 2016 print edition of Carolina Journal: Several members of the Investment Advisory Committee, a state commission that advises the treasurer about financial strategies for the state’s substantial investment portfolio, were surprised to learn at a recent meeting that, unlike many elected and…

  • A Statewide Office To Treasure

    With Richard Moore ending his two-term tenure as North Carolina’s state treasurer, there’s a pivotal contest underway to elect one of the state’s most powerful politicians.

  • A Risky Path to Add Venture

    Legislation to authorize more investment risk for the state’s unclaimed property account could be worth consideration — except for the comments of its supporters.