North Carolina's pension is
funded (national average is 80%) and ranks as the 5th-best funded pension in the country (Pensions & Investments)
Personal financial literacy was integrated into K-12 Social Studies and will be implemented in the Essential Standards for 2012-2013.
"Advanced Money Management for Community College Students", an online financial coaching tool to assist students with making wise decisions about borrowing money to advance their education, was developed and launched.
"State Treasurer Janet Cowell provided critical leadership recently when she announced her commitment to modernize the state's revenue system as the way to better manage the state's fiscal affairs for the long term."
- "To save jobs, state should modernize N.C.'s revenue system." Alexandra Sirota, Charlotte Observer, January 30, 2011
Treasurer Cowell created the
Innovation Fund to support and invest in businesses with significant operations in the State while earning a solid rate of return for the pension fund.
Cowell created the Accelerator that allocates up to
designed to generate returns for the pension fund while supporting early-stage life sciences firms in North Carolina.
North Carolina has maintained a
Bond rating, and is recognized as one of only nine states to earn the rating by Standard and Poor’s, Moody’s Investment Services, and Fitch Ratings.
"Not many states can boast of a solid rating on any of its bonds, but North Carolina does."
- "To a rating agency, North Carolina looks secure" Triangle Business Journal, January 27, 2011