North Carolina has a long track record for managing one of the best public pension plans in the U.S. Moody’s Investors Services recently reported that North Carolina has one of the top pension plans in the nation when looking at its Adjusted Net Pension Liability. And CEM Benchmarking ranked North Carolina’s pension system as the most efficient in North America.
But the financial stability of the Teachers’ and State Employees’ Retirement System (TSERS) and State Health Plan could take a dramatic turn for the worse if the legislature doesn’t quickly take action to remedy a provision in the recently enacted $30 billion state budget.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased