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Pension underperforms its peers by $1 billion

North Carolina’s pension system continues to underperform when compared to its national peers.

This week, state Treasurer Janet Cowell released the results of the state pension fund performance for fiscal year 2013-14. The numbers showed, despite her attempts at a positive spin, that her investment efforts continue to come in below the national median and that North Carolina’s returns were more than $1 billion behind its peers.

Successful membership recruitment key to SEANC

Membership is SEANC’s lifeblood, and over the last two weeks, SEANC has seen an upswing in successful recruitment efforts.

Since the end of July, SEANC has welcomed more than 170 new members into its fold – members who realize the importance of effectively advocating for themselves and the vital public services they provide.