$ State pension plan at a record $108 billion.
$ Maintaining NC’s triple “AAA” credit rating, the highest rating possible. NC is 1 of only 12 states with this rating.
$ Cutting Wall Street fees paid by NC taxpayers for a projected savings of $368 million over four years.
$ Freezing State Health Plan family premiums for the last three years without dipping into reserves or increasing co-pays and deductibles.
$ Leading successful effort to establish the Unfunded Liability Solvency Reserve, a fund that will help address the state’s $50 billion in unfunded pension and health care liabilities.
$ Raising awareness about the lack of transparency in the health care system by proposing bold reforms to reduce costs and make pricing information available to consumers.
$ Maintaining the NC Retirement Systems’ status as one of the best-funded pension funds in the U.S. Returns on investment have surpassed statutory benchmarks in all three years of his term.
$ Increasing transparency and efficiency at the N.C. Department of State Treasurer. Holds monthly Ask Me Anything teleconferences with reporters to answer any all questions.
$ Moving $15.2 billion in passive index funds under in-house management as a means of reducing fees while maintaining performance as measured by the Russell Top 200 & Mid Cap index strategies.
$ Saving the State Health Plan $35 million by increasing membership in United Healthcare Medicare Advantage Plans.
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