In 2004, Dale brought his problem-solving skills to the North Carolina General Assembly, where he served four terms in the House of Representatives, with one term as Speaker Pro Tempore. Dale was sworn in for his first term as State Treasurer of North Carolina in January 2017 and was reelected for a second term in 2020.

The responsibilities of the office of North Carolina State Treasurer are described in its mission statement: “Our mission is to preserve, protect and sustain the state’s pension and healthcare plans, reduce investment fees while maximizing returns, properly account for and report on all funds that are deposited, invested, and disbursed through the North Carolina Department of State Treasurer, assure the financially sound issuance of debt for state and local governments, maintain the state’s AAA bond rating, and provide exemplary service across all divisions of the Department.”

The North Carolina State Treasurer is responsible for over $124 billion in the state pension fund. This fund provides the retirement benefits for more that 950,000 teachers, law enforcement officers and other public workers in the state. Under the leadership of Folwell the pension plan was one of the highest rated in the country and received recognition for proactive management and funding discipline.  Also, under his umbrella of responsibilities is the oversight of the State Health Plan. The State Health Plan provides medical and pharmaceutical benefits to more than 750,000 current and retired public employees. It is the largest health care purchaser in North Carolina. In 2020, North Carolina was reaffirmed with a AAA bond rating by every major rating agency. This AAA bond rating made North Carolina one of only thirteen states to have that rating.

State Treasurer Folwell has been traveling around the state handing out money to individuals, businesses, and organizations that have claimed what is rightfully theirs. This money comes from the NCCash program which distributes money from unclaimed bank accounts, utility deposits, insurance policy proceeds, stocks, bonds, and other abandoned property. This account currently holds about $914 million. To find out if you are in line to receive some money, simply go to www.NCCash.com. Note that if you have moved, be sure to check your previous North Carolina address as well as your current one.

Thank you, State Treasurer Folwell for all you do for North Carolina.