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 2024 Meeting Schedule

Calendar of Board of Trustees 2024 Meeting Activities

Meeting Archives

Meeting Date/Minutes	Meeting Materials
February 22, 2024 9:15 a.m. - 12:00 p.m. Meeting Recording	Agenda III. SRP BOT Quarterly Meeting Minutes 11-30-2023 IV. Memo to SRP Board on Admin Fee Amount V. A Memo to Board on Plan Amendments V. B. Memo to Board on Review of Governance Policies VI. Empower Final_4Q 2023 BoT Report VII. BNYM- NC SRP Board Meeting Deck VIII. State of North Carolina_SV_2-22-24 IX. A. Callan- ncdc-execsum_4Q23 IX. B. NCSRP GoalMaker Review X. A. Compliance Memo Q4 2023 Rev X. B. TCW WatchList Memo Feb 2024 X. C. Macquarie WatchList Memo Feb 2024 1. SRP Org Chart 2. SRP Board of Trustees Information-Update 3. SRP BOT 2024 Meeting Activities 4. SRP BOT 2024 Meeting Dates 5. Vendor Performance Guarantees Report Q4 2023 6. Compliance at-a-glance Q4 2023 7. Q4 2023 Quarterly Communication Highlights
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. Meeting Recording	Agenda UHY presentation to Subcommittee

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.