State Treasurer Dale R. Folwell, CPA, and the North Carolina Supplemental Retirement Plans Board of Trustees have reaffirmed their recent decision to provide members with a “fee holiday" in 2019. The holiday amounts to a total savings of more than $2 million for participants in the NC 401(k) and NC 457 Plans.
Press Releases
State Treasurer Dale R. Folwell, CPA, announced today that according to S&P Global, North Carolina's other postemployment benefit (OPEB) liabilities as a combined funded ratio, are less than five percent funded.
State Treasurer Dale R. Folwell, CPA, today called for the United States Department of Justice to take action and for all North Carolina hospitals to be transparent in their pricing.
The North Carolina Retirement Systems, a division of the N.C. Department of State Treasurer, announced the launch of an online retirement application, a powerful new option for retirement available to members of the Teachers' and State Employees' (TSERS) and Local Governmental Employees' (LGERS) Retirement Systems.
State Treasurer Dale R. Folwell, CPA announced today that the State Health Plan Board of Trustees unanimously passed a resolution favoring a new provider reimbursement strategy for North Carolina providers that care for Plan members.
At the North Carolina State Fair today, State Treasurer Dale R. Folwell, CPA presented Habitat for Humanity of North Carolina with a check totaling $16,444.71 from the state's unclaimed property fund. The money was owed to Habitat for Humanity's Pamlico County affiliate, which is recovering from a fire at the same time it is helping victims of Hurricane Florence.
State Treasurer Dale R. Folwell, CPA praised the Supplemental Retirement Board of Trustees for its recent decision to replace a money manager in the NC 401(k), NC 457 and NC 403(b) supplemental retirement plans. The move will save members who are invested in the fund over $4.2 million per year.At its September meeting, members of the Supplemental Retirement Board voted to replace the PIMCO Inflation Response Multi-Asset Fund in all three plans.
State Treasurer Dale R. Folwell, CPA announced today that the State Health Plan (Plan) will launch a new medical reimbursement strategy for North Carolina providers that care for Plan members. This effort is part of a longer term strategy to take advantage of the Plan's “largeness" to keep rising health care costs under control while promoting quality care, transparency and affordability.
State Treasurer Dale R. Folwell, CPA announced today that the State Health Plan's Open Enrollment period for the 2019 benefit year is set for Sept. 29-Oct. 31, 2018, with premiums frozen and a reduction in premiums in the UnitedHealthcare Medicare Advantage plans. Also, the Plan continues to reduce complexity with the online enrollment process, which only takes a member around 10 “clicks" to complete.
To view the entire provider contract, go to https://www.nctreasurer.com/Documents/UNCPricing.pdfThe State Health Plan, a division of the N.C. Department of State Treasurer, provides health care coverage to more than 727,000 teachers, state employees, current and former lawmakers, state university and community college personnel and their dependents, including non-Medicare and Medicare retirees.