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Treasurer Folwell’s Accomplishments

$  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 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.

$   Increasing transparency and efficiency at  the N.C. Department of State Treasurer.

$   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.

 

Paid for by Wake County Republican Party

919-890-5374

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