March 4, 2014 6:57 PM

NC pension fund fees criticized by SEANC consultant

A consultant hired by the State Employees Association of North Carolina has accused the state Treasurer’s office of paying excessive and hidden fees to money managers who invest the state’s $86 billion pension fund. The Treasurer’s office counters that the consultant’s conclusions are based on assumptions that “are not based on conventional industry standards.”

Related content

Suggested for you



Editor's Choice Videos