The North Carolina Investment Authority Board of Directors was updated on important policies and guidelines today in its final preparation meeting before assuming fiduciary responsibility of the $139 billion state pension plan effective Jan. 1.
The State Health Plan (Plan) has completed a difficult year, but now is projecting that the massive deficit it was facing on Jan. 1 has been addressed.
The Local Government Commission today approved a $275,670,000 financing request linked to Duke Health System’s purchase of Lake Norman Regional Medical Center, now known as Duke Health Lake Norman.
State Treasurer Brad Briner is hosted a press conference today to look back at a busy and successful year at the Department of State Treasurer.
The North Carolina Investment Authority (NCIA) met today and approved a Board of Directors charter, policy manual and budget — key steps needed to transfer statutory investment powers and duties from the Department of State Treasurer (DST) to the authority, effective Jan. 1, 2026.
State Treasurer Brad Briner is offering condolences and prayers to the family and friends of Vernon Gammon today. Gammon passed away over the weekend. In a statement Briner said:
Affordable housing remains a challenge in North Carolina, and the Local Government Commission (LGC) continues to fulfill its role in attacking the problem.
State Treasurer Brad Briner announced more transactions from NCDST which will save taxpayers a total of $160 million. Today, the Department refunded or purchased by tender older General Obligation bonds which were issued for numerous capital projects around the state.
In order for the North Carolina’s pension system to move forward, it has to take a deep dive looking back every five years.