Carolina Journal Video

Treasurer Folwell highlights price of promises to N.C. government workers, retirees

Unfunded liabilities for N.C. government workers’ health and pension retirement benefits could crowd out spending for other high-priority state government items in the years ahead. State Treasurer Dale Folwell delivered that warning Monday in a presentation for the John Locke Foundation. Folwell also discussed ways his office is addressing challenges linked to the unfunded liabilities.