Supplemental Retirement Board of Trustees

The Department of State Treasurer and the Supplemental Retirement Board of Trustees, with the State Treasurer as chair, are responsible for governing the NC 401(k) Plan and the NC 457 Plan.

Meet the Board

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The Supplemental Plan Board is composed of nine members, including six members appointed by the Governor (one must be a State employee), one member appointed by the General Assembly upon recommendation of the Speaker of the House of Representatives, and one member appointed by the General Assembly upon recommendation of the President Pro Tempore. The State Treasurer serves as Board chair.

The Audit Subcommittee oversees the audit process for the NC 401(k) and NC 457 plans; discusses audit-related issues with the external auditor; accepts the financial statements of the NC 401(k) and NC 457 plans; and reports to the Board following the subcommittee’s meetings. The subcommittee also ensures Departmental and vendor accountability on internal controls, including following up on any management letter comments from the previous year. The subcommittee has two regularly scheduled meetings to hear the auditor’s report and accept the financial statements.

Bradford B. Briner Treasurer 160x200 pixels
Steven Beam Photo (160 Pixels x 200 Pixels)
Robert Hillman Photo (160 Pixels x 200 Pixels)
Bradford B. Briner
State Treasurer, Chair
Appt. By/Rep.: Jan. 1, 2025
Exp. Date: Ex Officio
D. Steven Beam
Appointed by Governor
Appointed: May 25, 2018
Exp. Date: June 30, 2023
Robert Hillman
Appointed by Governor
Appointed: Sept. 21, 2023
Exp. Date: June 30, 2026
Lorraine Johnson Photo (160 Pixels x 200 Pixels)
Lanier_McReel Photo (160 Pixels x 200 Pixels)
Charles Perusse Photo (160 Pixels x 200 Pixels)
Lorraine Johnson
Appointed by Governor
Appointed: May 25, 2018
Exp. Date: June 30, 2026
Lanier McRee
Appointed by Governor
Appointed: July 30, 2024
Exp. Date:  June 30, 2027
Charles Perusse
Appointed by Governor
Appointed: July 29, 2024
Exp. Date:  June 30, 2027
James Richardson Photo
Bob Shea Photo (160 Pixels x 200 Pixels)
Rajinder Singh  Photo (160 Pixels x 200 Pixels)
James Richardson
Appointed by President Pro Tempore
Appointed: Nov 20, 2024
Exp. Date: June 30, 2025
 
Bob Shea
​Appointed by Speaker of the House
Appointed: Aug. 3, 2022
Exp. Date: June 30, 2025
Rajinder (Raj) Singh
Appointed by Governor
Appointed: Aug. 2, 2024
Exp. Date:  June 30, 2027

 

2025 Meeting Schedule

The meetings will convene at 9:00 a.m. (unless otherwise listed) at the Department of State Treasurer, 3200 Atlantic Avenue, Raleigh, North Carolina 27604, in the Dogwood Conference Room.

MeetingDate
Supplemental Retirement Board of TrusteesThursday, February 20
Audit Subcommittee BoardFriday,  February 28
Supplemental Retirement Board of TrusteesThursday, May 22
Audit Subcommittee BoardThursday, July 10
Supplemental Retirement Board of TrusteesThursday,  August 21
Supplemental Retirement Board of TrusteesThursday,  December 4

The 2025 meeting dates of the Board and its Committees are  February 20, May 22, August 21, and December 4.

Board Meetings and Documents

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Audit Subcommittee Board Meetings/MinutesMeeting Materials
All Previous Meetings 

Feb. 28, 2025
10:30 a.m. – 11:00 a.m.

Meeting Recording

Agenda

Presentation

Jul 10, 2025
11:00 a.m. – 11:30 a.m.

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Access Code: 594-804-133
United States: +1 (571) 317-3122