Press Releases
During this morning’s August session of “Ask Me Anything”, State Treasurer Dale R. Folwell, CPA, announced that Jeff Smith and Christopher Morris have been appointed Interim Directors for the North Carolina Department of State Treasurer’s (NCDST) Investment Management Division (Division) which manages the investments for the North Carolina Retirement Systems.
Pension Fund Valuations Highest Ever During 2nd Quarter
Treasurer, Groups Call for North Carolina Congressional Delegation to Take National Lead in Extending Moratorium on ACA Health Insurance Providers Fee
State Treasurer Dale R. Folwell, CPA, announced that Kevin SigRist, Chief Investment Officer (CIO) for the North Carolina Retirement Systems, submitted his resignation last Friday.
Total Interest Savings from Bond Refunding Almost $100 million
Fund Balance Hits All-Time High during 2nd Quarter
State Treasurer Dale R. Folwell, CPA, through the State and Local Government Finance Division, announced today the issuance of approximately $106 million of general obligation refunding bonds. The bonds were issued and sold to take advantage of lower interest rates, thus reducing interest costs for taxpayers. The bonds were purchased by Citigroup Global Markets, Inc.
State Treasurer Dale R. Folwell, CPA announced today that all three major national bond rating agencies have re-affirmed the State's “AAA” bond rating, all with stable outlooks, in preparation for the upcoming sale of approximately $106 million of General Obligation (GO) Bonds and $300 million in Limited Obligation Bonds (LOB). The GO and LOBs are scheduled to be competitively sold later this month. The bonds are being issued to take advantage of lower interest rates, thus reducing interest costs for taxpayers.
Treasurer Dale R. Folwell, CPA, announced today that the State Health Plan (Plan) will save approximately $8.5 million beginning in January 2018 as a result of new terms negotiated for the administration of NC HealthSmart, the Plan’s healthy living initiative that is administered by Active Health Management. The program offers health and wellness resources and services to support Plan members’ personal health goals.
On Tuesday, June 13th, North Carolina State Treasurer Dale R. Folwell, CPA, held an “Ask Me Anything” Session for members of the media. Treasurer Folwell gave an update on his efforts to reduce management fees paid to Wall Street for the state’s pension fund and also answered questions on controlling costs within the State Health Plan.