Estimated market value of the North Carolina Retirement Systems is $127 billion, a 43% increase from when Republican Dale Folwell took office as state treasurer on Jan. 1, 2017.
The system paid out more than $51 billion in benefits in the eight years.
Folwell’s last day was Dec. 31, and valuation is as of Dec. 27. Republican Brad Briner was sworn in as state treasurer Jan. 1…