Supplemental Retirement Board of Trustees

Meetings and Governing Documents

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.

Supplemental Retirement Plans Site

Meetings

The dates for the 2024 meetings of the Board and its Committees are:  February 22, May 23, August 22 and December 5.

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.

Board Schedule and Activities

Board of Trustees 2023 Meeting Schedule

Calendar of Board of Trustees 2023 Meeting Activities

Meeting Archives

Meeting Date/Minutes Meeting Materials

February 22, 2024
9:15 a.m. - 12:00 p.m.

Join the meeting from your computer, tablet or smartphone.
https://meet.goto.com/371068013

You can also dial in using your phone.
Access Code: 371-068-013
United States: +1 (646) 749-3122

To sign up for public comment, email lisa.norris@nctreasurer.com
 

May 23, 2024

Please join the meeting from your computer, tablet or smartphone.
https://meet.goto.com/663134981

You can also dial in using your phone.
Access Code: 663-134-981
United States: +1 (872) 240-3412
 
To sign up for public comment, email lisa.norris@nctreasurer.com

 

August 22, 2024

Please join the meeting from your computer, tablet or smartphone.
https://meet.goto.com/733585125

You can also dial in using your phone.
Access Code: 733-585-125
United States: +1 (872) 240-3412
 
To sign up for public comment, email lisa.norris@nctreasurer.com

 

December 5, 2024

Please join the meeting from your computer, tablet or smartphone.
https://meet.goto.com/533914661

You can also dial in using your phone.
Access Code: 533-914-661
United States: +1 (786) 535-3211
 
To sign up for public comment, email lisa.norris@nctreasurer.com

 

 

Audit Subcommittee Meetings/Minutes Meeting Materials

February 22, 2024
9:00 a.m. - 9:15 a.m.

Please join the meeting from your 
computer, tablet, or smartphone.


https://meet.goto.com/371068013

You can also join using your phone.

Access Code: 371-068-013

United States: +1 (646) 749-3122

 

Meet the Board

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.

State Treas​​urer Dale R. Folwell, CPA, Chair
Appt. By/Rep.: Jan. 1, 2017
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
Appointed by Governor
Date of Appointment: May 25, 2018
Exp. Date: June 30, 2023
James Lumsden
Appointed by Governor
Appointed: August 10, 2018
Exp. Date: June 30, 2024
Greg Patterson
Appointed by President Pro Tempore
Date of Appointment: March 30, 2023
Exp. Date: June 30, 2025
Nels C. Roseland
Appointed by Governor
Date of Appointment: January 4, 2019
Exp. Date: June 30, 2024
Bob Shea
​Appointed by Speaker of the House
Date of Appointment: Aug. 3, 2022
Exp. Date: June 30, 2025
Chevella L. Thomas​
Appointed by Governor
Date Appointed: November 20, 2018
Exp. Date: June 30, 2024