Press Releases

North Carolina State Treasurer Dale R. Folwell, CPA, announced today that January benefit payments to North Carolina retirees will increase by a total of $5.7 million this month thanks to the Retirement Systems Division (RSD) beating the clock on an IRS deadline.
Letter Regarding NC Department of State Treasurer Information BreachDownload the letter here:  
The North Carolina Total Retirement Plans announced that this week's release of retiree tax forms was the earliest the forms have been available since 2012.
State Treasurer Dale R. Folwell, CPA has announced that the N.C. Department of State Treasurer (DST) is searching for a Chief Investment Officer to lead investment strategy for North Carolina's more than $100 billion retirement systems.
The North Carolina Department of State Treasurer (DST) issued the following statement:
A recent report from the American Legislative Exchange Council named North Carolina among the top four state-administered public pension plans for its transparency in the administration and reporting on the ongoing status of the North Carolina Total Retirement Plans.
North Carolina State Treasurer Dale R. Folwell, CPA, recognized the Retirement Systems Division (RSD) today for its ongoing efforts to review disability benefits programs, as well as methods and priorities of recovering overpayments from recipients.
North Carolina State Treasurer Dale R. Folwell, CPA, issued a statement today congratulating Blue Cross Blue Shield of North Carolina and Mission Health for coming to an agreement for the healthcare provider's participation in the Blue Cross N.C. networks. The agreement comes after lengthy negotiations since the expiration of their contract on October 5 of this year.
State Treasurer Dale R. Folwell, CPA announced today that Jonathan J. Vitello, CPA has joined the N.C. Department of State Treasurer (DST) as head of Internal Audit. Vitello was most recently an auditor with RSM US LLP and KPMG LLP in Raleigh, providing audit and accounting services for financial institutions, commercial clients, colleges and universities.
In an opinion released last week, a three-judge panel of the North Carolina Court of Appeals unanimously held that the Retirement Systems Division (RSD) of the Department of State Treasurer acted properly when it reduced state disability benefits to a former state employee in order to recoup overpayments of those benefits due to mandatory Social Security disability offsets.