NC Department of State Treasurer Revenue and Competitors

The Department of the State Treasurer serves the people of North Carolina through a variety of functions related to the financial health of the state and its citizenry. State Treasurer Janet Cowell serves as the state’s banker and chief investment officer, and, as such, she is responsible for more than $60 billion in assets. The Department administers the public employee retirement systems for more than 700,000 North Carolinians, as well as the 401K and 457 plans for public employees. The Department provides fiscal assistance and expertise to local governmental units by assisting them in the sale of local government debt obligations and in maintaining good budgeting, accounting, reporting, and other fiscal procedures. It also administers NC Cash, the unclaimed property database that holds more than $500 million.