DID YOU KNOW? State Retirees Deserve Better
In this Did You Know episode, SEANC Executive Director Ardis Watkins delves into the challenges faced by retirees in North Carolina, part of the Teachers and State Employees Retirement System (TSERS), one of the largest in the country. Despite its size and strong asset-to-liability ratios, the retirement benefits lag behind the national average, impacting the financial well-being of those who served the state. We explore the reasons behind the shortfall and why it's crucial for the state to prioritize its retirees, who have dedicated their careers to public service.
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