ORBIT

Supplemental Retirement Board of Trustees Meeting

The Supplemental Retirement Board of Trustees, with the State Treasurer as chair, is responsible for governing the NC 401(k)/457 Plans and the NC 403(b) Program.

Supplemental Retirement Plans Site

Meetings

The dates for the upcoming meetings of the Board and its Committees are listed below. The meetings will convene at 9:00 a.m. at our offices at 3200 Atlantic Avenue, Raleigh, North Carolina 27604, in the Dogwood Conference Room.

Meeting Archives

Supplemental Retirement Board of Trustees Meetings

Supplemental Retirement Board of Trustees Meetings

Meeting Date/Minutes Meeting Materials
March 21, 2019
 
April 16, 2019 - Special Meeting
 
June 20, 2019
September, 2019

 

December 12, 2019  

 

Audit Subcommittee Meetings/Minutes Meeting Materials
February 22, 2019
Minutes

July 26, 2019    

Minutes                                                

 

Meet the Board

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.

 

Photo of Treasurer Folwell

State Treas​​urer Dale R. Folwell, CPA, Chair
 
Appt. By/Rep.: Ex Officio 
Expiration Date: Indefinite

Photo of Melinda Baran

Melinda Baran

Appointed by President Pro Tempore
Appointed: July 2, 2012
Expiration Date: June 30, 2019

Photo of Steve Beam

D. Steven Beam​

Appointed by Governor
Appointed: May 25, 2018
Expiration Date: June 30, 2020

Photo of Lorraine Johnson

Lorraine Johnson

Appointed by Governor
Date of Appointment: May 25, 2018
Expiration Date: June 30, 2020

Photo of Michael Lewis

Michael Lewis

​Appointed by Speaker of the House
Date of Appointment: July 7, 2014
Expiration Date: June 30, 2019

Photo of Nigel Long

Nigel Long

Appointed by Governor
Date of Appointment: May 25, 2018
Expiration Date: June 30, 2020

Photo of James Lumsden

James Lumsden

Appointed by Governor
Appointed: August 1, 2018
Expiration Date: June 30, 2021

Photo of Nels Roseland

Nels C. Roseland

Appointed by Governor
Date of Appointment: January 4, 2019
Expiration Date: June 30, 2021

Photo of Chevella L. Thomas

Chevella L. Thomas​

Appointed by Governor
Date Appointed: November 20, 2018
Expiration Date: June 30, 2021

 

Email the Supplemental Board: supplementalboard@nctreasurer.com

Plan Documents Governing Documents

Governing Documents

Placement Agent, Political Contribution, and Connection Disclosure Policy
The policy requires the disclosure – and restricts the use – of placement agents by investment managers and requires the disclosure of relationships between investment managers and members of the Department and the Board.

Investment Manager and Placement Agent Disclosure Forms
As part of entering into an investment contract, investment managers and if applicable placement agents are required to submit disclosure forms pursuant to the Placement Agent, Political Contribution, and Connection Disclosure Policy.