Retirement

SEE STRENGTH.

The State Employees Association of North Carolina (SEANC) offers all the benefits to retired state employees that are available to state employees – at a reduced price! SEANC is leading the fight to protect and enhance your state retirement benefits – in the General Assembly, the Retirement Systems Board of Trustees and the State Health Plan.

SEE ACTION.

SEANC is working on your behalf to secure the following benefits:

  • Secure retiree cost-of-living adjustments (COLAs) equal to the Consumer Price Index
  • Improve the retirement accrual formula (currently 1.82%)
  • Secure repayment of interest owed on the $130 million escrowed retirement system funds in 2001

SEE RESULTS.

SEANC has secured the following benefits for retirees:

  • 2.5% COLA increases*
  • Continued free health care premiums
  • Retirement formula increase from 1.80% to 1.82%*
  • Repayment of the $130 million in escrowed retirement funds
  • Active support of the Bailey/Emory/Patton case to overturn taxation of your retirement benefits (the only association to do so!) *2000-2008

SEE BENEFITS.

SEANC offers member benefits to save you money and keep you informed, including:

For only pennies a day, SEANC works tirelessly to make sure you retire with dignity and respect. Let SEANC serve as your advocate on retiree issues -- join SEANC today!

North Carolina Pension's Secretive Alternative Investment Gamble: A Sole Fiduciary's Failed Experiment

Cliffwater Research - Trends in State Pension Asset Allocation and Performance June 2012

Important Information on Medicare

Recent State Employee Benefit History