Investment Fiduciary Governance Commission

Business & Economy
8:42 am
Fri April 25, 2014

Who Should Run NC Pension Fund: State Treasurer? Or Board Of Trustees?

Credit RambergMediaImages / Flickr/Creative Commons

There's a good chance Treasurer Janet Cowell will give up sole control of the state pension fund.

A commission set up to review North Carolina’s Retirement Systems investment program has recommended the state shift how the pension fund is run.

The North Carolina Investment Fiduciary Governance Commission recommends the state move from a sole fiduciary investment system to a model governed by a board of trustees.

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