North Carolina State Treasurer Dale R. Folwell, CPA announced today the appointment of Dee Jones as the executive administrator of the North Carolina State Health Plan. The announcement was made after an executive session of the State Health Plan Board of Trustees (BOT) meeting. As required by statute, Treasurer Folwell consulted with the BOT, laying out the terms of Ms. Jones’s employment including salary.
Topics Related to Treasurer Folwell Administration Press Releases
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.
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.
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.
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.
Fund Balance Hits All-Time High during 2nd Quarter
Total Interest Savings from Bond Refunding Almost $100 million
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.
Treasurer, Groups Call for North Carolina Congressional Delegation to Take National Lead in Extending Moratorium on ACA Health Insurance Providers Fee
Pension Fund Valuations Highest Ever During 2nd Quarter