THE
State Employees Association of North Carolina, SEIU Local 2008 P.O. Drawer 27727, Raleigh, NC • www.seanc.org 800-222-2758 • 919-833-6436 • Circulation 55,000
March 2012
• Vol. 30, Issue 4
Trustees Support Retirement Funding COLA increase for retirees may find sympathetic ear in General Assembly by Jonathan
Owens
At its Jan. 19 meeting, the Teachers’ and State Employees’ Retirement System Board of Trustees sided with SEANC by asking the General Assembly to continue funding for TSERS at an annual required contribution of 8.33 percent. Funding at this level could support the system for the next year and provide a much-needed cost-ofliving adjustment of 1.9 percent for retirees, which SEANC’s Board of Governors voted for at its October meeting. “We appreciate the board’s commitment. It shows dignity and respect to our retired members who served the citizens of North Carolina,” SEANC Retiree Council Chairman Bob Hopper said. SEANC Lobbyist Mitch Leonard advocated for the funding at the meeting, and also emphasized needed changes to the plan’s disability restrictions and vesting requirements. The COLA decision now rests with the General
PHOTO BY JONATHAN OWENS
SEANC Communications Specialist
SEANC Lobbyist Mitch Leonard (right) speaks to the Teachers’ and State Employees’ Retirement System Board of Trustees on Jan. 17.
Assembly, which convenes in May. When N.C. House Speaker Thom Tillis was asked by a SEANC member at T.E.A.M! Training in Concord on Feb. 2 if he was supportive of a retiree COLA, he said, “That is something we have to do. We’ve got to keep pace with the cost of living, otherwise we’re cutting people’s pay.” jowens@seanc.org
Three SEANC Members Running for Governor by Jonathan
Owens
SEANC Communications Specialist
Gov. Beverly Perdue, a SEANC member, announced on Jan. 26 that she would not seek a second term as the state’s chief executive in the 2012 election. Perdue’s decision opened up speculation over who would step in to represent the Democratic Party in November. As of press time, three SEANC members — Lt. Gov. Walter
Mayor Pat McCrory announced he would once again seek the Republican Party’s nomination. “I think it’s great,” District 38 member Mildred Mitchell said of the association’s representation in the race. “It speaks volumes about SEANC and Perdue the power of our organization.” Dalton, state Rep. Bill Faison and The primary is set for May 8, and former U.S. Rep. Bob Etheridge the general election is on Nov. 6. — had filed to seek the Democratic Party’s nomination. Former Charlotte jowens@seanc.org
Read SEANC’s statement on Perdue’s decision on page 3