Want to create an interactive transcript for this episode?
Podcast: WRAL Daily Download
Episode: State retirement plan overpays and demands big money from payees for its mistake
Description: In most cases, if you are overpaid by a business or an individual, the law says you only have to pay back three years of what you improperly received. This doesn’t apply, however, to the state retirement plan. When a retired Raleigh city worker found out he had been overpaid by the state retirement fund by $240,000 dollars, he was forced to declare bankruptcy and go back to work at 80-years-old. In this episode, 5 on Your Side’s Keely Arthur went straight to the North Carolina state treasurer to find out how and why this is happening to people and...