NC’s State Treasurer wants to share control of retirement investments.
North Carolina needs to shift how its pension fund is managed and how it makes its investments to hit key benchmarks, State Treasurer Brad Briner told a legislative committee last week.Briner, a fist-term Republican, said North Carolina's $127 billion in pension investments could be as much as $16 billion higher if the state had hit a benchmark of a 6.5% annual return on its investment."The challenge in the pension fund is very clearly the investment side," Briner told members of the House Oversight Committee, noting that the N.C. General Assembly...



