RALEIGH, N.C. — The board overseeing North Carolina’s supplemental retirement plans approved a $3.1 million budget Thursday and agreed to remove an investment option that had low use among participants.
On May 23 the University of North Carolina System Board of Trustees voted to repeal its Diversity & Inclusion Policy in favor of “institutional neutrality.” This new policy, which was introduced in April, will remove funding for DEI offices and eliminate various diversity-related positions across the 17 UNC System schools. Chancellors will be required to report cuts to existing jobs and DEI spending by September 1.
The Social Security Board of Trustees today released its annual report on the long-term financial status of the Social Security Trust Funds. The combined asset reserves of the Old-Age and Survivors Insurance and Disability Insurance (OASI and DI) Trust Funds are projected to become depleted in 2034, one year earlier than projected last year, with 78 percent of benefits payable at that time.
In a few weeks, New York Times reporter Nikole Hannah-Jones will join the faculty of the University of North Carolina at Chapel Hill’s Hussman School of Journalism and Media, as the Knight Chair in Race and Investigative Journalism. She accepted a five-year contract as a professor of the practice, with the possibility of receiving tenure at a later date.
