State Employees Association of North Carolina

Latest News

SEANC Forensic Investigation into State Pension Plan Discovers $30 Billion Unaccounted for, Calls for SEC Intervention

The State Employees Association of North Carolina and Benchmark Financial Services announced today the filing of a complaint with the U.S. Securities and Exchange Commission’s Office of the Whistleblower after a forensic investigation found $30 billion (35 percent) unaccounted for in North Carolina’s Teachers’ and State Employees’ Retirement System (TSERS).

In announcing the filing of the complaint, SEANC and Benchmark released a forensic report
detailing a number of potential violations of state and federal law, as well as other concerns regarding the management of the $87 billion pension fund by State Treasurer Janet Cowell.

Latest Events

16th

Board of Governors Meeting

2013-2014 Board of Governors
Quarterly Meeting
May 16-17, 2014
SEANC Central Office
Raleigh 

Get Social With Us

Directions

SEANC Central Office

1621 Midtown Place
Raleigh, NC 27609
(919) 833-6436
1-800-222-2758


From I-440

  • Take the Wake Forest Road exit #10 north toward Duke Raleigh Hospital (0.4 miles)
  • Turn right onto St. Albans Drive (0.5 miles)
  • Turn left to stay on St. Albans Drive (0.3 miles)
  • Turn right onto Bush Street (0.1 mile)
  • Turn left into Midtown Place and proceed to 1621 Midtown Place on the left