N.C. State Treasurer Folwell Submits Framework for Draft Legislation to Enact NC 401(k) Employer Match for All State Employees
May 16, 2024
May 16, 2024
RALEIGH, North Carolina, May 16 -- The North Carolina State Treasurer issued the following news release:
State Treasurer Dale R. Folwell, CPA, has submitted a framework for draft legislation that introduces a monthly $25 employer match for nearly 350,000 active members in the Teachers' and State Employees' Retirement System (TSERS), Consolidated Judicial Retirement System (CJRS), Legislative Retirement System (LRS) and the Optional Retirement Program (ORP). While $25 may seem like a . . .
State Treasurer Dale R. Folwell, CPA, has submitted a framework for draft legislation that introduces a monthly $25 employer match for nearly 350,000 active members in the Teachers' and State Employees' Retirement System (TSERS), Consolidated Judicial Retirement System (CJRS), Legislative Retirement System (LRS) and the Optional Retirement Program (ORP). While $25 may seem like a . . .