NC state retirement fund Coverage

NC state government retirees to get 4% bonus this week

State lawmakers didn't approve a long-term cost-of-living increase for retirees in the new state budget, but there is a one-time bonus.

WRAL Staff

New law limits how much money the state can reclaim from retirees it accidentally overpaid

A new law will limit how quickly the state can recover money from retirees it overpaid. The law is a response to a 5 On Your Side investigation that found North Carolina Treasurer's Office mistakenly overpaid millions of dollars of retirement money to recipients for decades.

Keely Arthur, WRAL consumer reporter

State passes amendment to help with fumbling of payments, critics say it's 'disingenuous'

Following a WRAL 5 On Your Side investigation into the state treasurer's office and pushback from opponents, lawmakers amended a bill on Thursday.

Keely Arthur, WRAL consumer reporter

NC treasurer's overpayment recoupment bill passes senate

Lawmakers amended a bill on Thursday that changes how the state treasurer's office recoups money from retirees it incorrectly overpaid.

'Our whole life had just fallen apart': Disability payments wrongly stopped by state

The North Carolina Treasurer's Office had been trying to collect money from people who had been wrongly awarded disability benefits. However, the office relied on a misprinted law to do so.

Keely Arthur, WRAL consumer reporter

WRAL 5 On Your Side: Why NC's retirement payouts are bigger than expected

More incorrect payout and more miscalculations: Why 5 On Your Side's state retirement payout story is bigger than we expected.

Viewers raise concerns about NC Retirement System after 5 On Your Side investigation

After WRAL's Five on Your Side told the story of one couple who was ordered to pay back over $240,000 after an error cause overpayments for decades. The story had many viewers concerned of how this happened, and if their retirement will be affected.

How secure is your retirement? Viewers share concerns after 5 on Your Side investigation into State Retirement System errors

After 5 on Your Side shared the story of Joseph and Penny Glenn, who owed the state over $240,000 after an error by the Retirement System overpaid them for 17 years, viewers were left asking how this even happened.

Keely Arthur, WRAL consumer reporter

'We could never pay this back': State sends dozens of retirees into debt due to unchecked error

The state overpaid Joseph and Penny Glenn every month for their retirement benefits for 17 years. The Glenns had no idea, until the state wanted their money back -- all $241,000 of it.

Keely Arthur, WRAL consumer reporter

Raleigh man's retirement dreams vanish when state's miscalculation leads to $241,000 debt

Years after he retired, Joseph Glenn was ordered to pay the state back for their error in calculating his retirement benefits. The state overpaid Glenn for 17 years, ending his comfortable retirement.

Raleigh couple's retirement dreams vanish with $240,000 mistake by the state

The state overpaid Joseph and Penny Glenn every month for their retirement benefits for 17 years. Penny shares their heartbreaking experience with 5 on Your Side's Keely Arthur.

State pension fund may need an overhaul, state treasurer says

State treasurer Dale Folwell says North Carolina is in good financial shape to weather a recession. But bigger problems could lie ahead, especially for the state's $100B pension plan.

Laura Leslie, WRAL Capitol Bureau Chief

State retirees say NC long overdue in boosting their pension checks

Social Security benefits will increase 5.9 percent next year - the largest increase in 39 years - to help retirees keep up with inflation. Retired state workers are calling on lawmakers to follow Social Security's lead, saying their state pensions have continued to lose ground to inflation since the recession more than a decade ago.

Laura Leslie, WRAL Capitol Bureau chief

GOP says NC can't afford raises for state retirees

Just minutes after approving two tax cut bills that will cost the state more than $150 million in the next fiscal year, Senate lawmakers argued the state can't afford to give its retirees a permanent cost-of-living increase.

State retirees to get 'paltry' bonus checks

Just minutes after approving two tax cut bills that will cost the state more than $150 million in the next fiscal year, Senate lawmakers argued the state can't afford to give its retirees a permanent cost-of-living increase.

Laura Leslie, WRAL Capitol Bureau chief

Senate votes to limit retirement options for state employees, teachers

Bill would cut three payout options starting next year.

Travis Fain, WRAL statehouse reporter

Head of NC employee retirement funds let go

State treasurer decides "we need a change in direction."

Travis Fain, WRAL statehouse reporter

Trump tax cuts net $18 a month for NC state pensioners

State employees should see changes in their paychecks, too, starting Friday.

Travis Fain, WRAL statehouse reporter