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Robert P. ALMOND Jerry A. Calloway Vernon G. Cox Allen E. Dail Janice D. Decker David W. Guthrie Brenda M. Herring Sherman L. Lewis Janice E. Osborne Leslie T. Simmons, on behalf of themselves and all other persons similarly situated v. Harlan E. BOYLES, in his official capacity as Treasurer of the State of North Carolina and as Chairman of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System R. Eugene Ballard, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Ezra A. Bridges, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System M.L. Byrd, in his or her official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System William C. Covington, Jr., in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees Retirement System Withers Davis, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Colleen Jakes, in her official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Horace Jernigan, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Dan W. Jones, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System V. Glenn Morton, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Thomas Z. Osborne, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System A. Craig Phillips, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Theo H. Pitt, Jr., in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Linda I. Rader, in her official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System E.T. Barnes, in his official capacity as Deputy Treasurer of the State of North Carolina and as Director of the Retirement Systems Division, and Phillip J. Kirk, in his official capacity as Secretary, North Carolina Department of Human Resources Herman Gruber, in his official capacity as Director, Division of Services for the Blind, North Carolina Department of Human Resources Mary Ann Van Name, in her official capacity as Chief of Business Enterprises, Division of Services for the Blind, North Carolina Department of Human Resources, Appellants Robert P. ALMOND Jerry A. Calloway Vernon G. Cox Allen E. Dail Janice D. Decker David W. Guthrie Brenda M. Herring Sherman L. Lewis Janice E. Osborne Leslie T. Simmons, on behalf of themselves and all other persons similarly situated v. Harlan E. BOYLES, in his official capacity as Treasurer of the State of North Carolina and as Chairman of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System R. Eugene Ballard, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Ezra A. Bridges, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System M.L. Byrd, in his or her official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System William C. Covington, Jr., in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees Retirement System Withers Davis, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Colleen Jakes, in her official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Horace Jernigan, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Dan W. Jones, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System V. Glenn Morton, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System A. Craig Phillips, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Theo H. Pitt, Jr., in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Linda I. Rader, in her official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System E.T. Barnes, in his official capacity as Deputy Treasurer of the State of North Carolina and as Director of the Retirement Systems Division, and Thomas Z. Osborne, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System A. Craig Phillips, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Phillip J. Kirk, in his official capacity as Secretary, North Carolina Department of Human Resources Herman Gruber, in his official capacity as Director, Division of Services for the Blind, North Carolina Department of Human Resources Mary Ann Van Name, in her official capacity as Chief of Business Enterprises, Division of Services for the Blind, North Carolina Department of Human Resources, Defendants Robert P. ALMOND Jerry A. Calloway Vernon G. Cox Allen E. Dail Janice D. Decker David W. Guthrie Brenda M. Herring Sherman L. Lewis, on behalf of themselves and all other persons similarly situated, and Janice E. Osborne Leslie T. Simmons v. Harlan E. BOYLES, in his official capacity as Treasurer of the State of North Carolina and as Chairman of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System R. Eugene Ballard, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Ezra A. Bridges, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System M.L. Byrd, in his or her official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System William C. Covington, Jr., in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees Retirement System Withers Davis, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Colleen Jakes, in her official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Horace Jernigan, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Dan W. Jones, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System V. Glenn Morton, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System A. Craig Phillips, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Theo H. Pitt, Jr., in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Linda I. Rader, in her official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System E.T. Barnes, in his official capacity as Deputy Treasurer of the State of North Carolina and as Director of the Retirement Systems Division, Phillip J. Kirk, in his official capacity as Secretary, North Carolina Department of Human Resources Herman Gruber, in his official capacity as Director, Division of Services for the Blind, North Carolina Department of Human Resources Mary Ann Van Name, in her official capacity as Chief of Business Enterprises, Division of Services for the Blind, North Carolina Department of Human Resources, and Thomas Z. Osborne, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Defendants Robert P. ALMOND Jerry A. Calloway Vernon G. Cox Allen E. Dail Janice D. Decker David W. Guthrie Brenda M. Herring Sherman L. Lewis Janice E. Osborne Leslie T. Simmons, on behalf of themselves and all other persons similarly situated v. Harlan E. BOYLES, in his official capacity as Treasurer of the State of North Carolina and as Chairman of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System R. Eugene Ballard, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Ezra A. Bridges, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System M.L. Byrd, in his or her official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System William C. Covington, Jr., in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees Retirement System Withers Davis, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Colleen Jakes, in her official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Horace Jernigan, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Dan W. Jones, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System V. Glenn Morton, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System A. Craig Phillips, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Theo H. Pitt, Jr., in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Linda I. Rader, in her official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System E.T. Barnes, in his official capacity as Deputy Treasurer of the State of North Carolina and as Director of the Retirement Systems Division, Phillip J. Kirk, in his official capacity as Secretary, North Carolina Department of Human Resources Herman Gruber, in his official capacity as Director, Division of Services for the Blind, North Carolina Department of Human Resources Mary Ann Van Name, in her official. capacity as Chief of Business Enterprises, Division of Services for the Blind, North Carolina Department of Human Resources, and Thomas Z. Osborne, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Defendants Robert P. ALMOND Jerry A. Calloway Vernon G. Cox Allen E. Dail Janice D. Decker David W. Guthrie Brenda M. Herring Sherman L. Lewis, on behalf of themselves and all other persons similarly situated, and Janice E. Osborne Leslie T. Simmons v. Harlan E. BOYLES, in his official capacity as Treasurer of the State of North Carolina and as Chairman of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System R. Eugene Ballard, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Ezra A. Bridges, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System M.L. Byrd, in his or her official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System William C. Covington, Jr., in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees Retirement System Withers Davis, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Colleen Jakes, in her official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Horace Jernigan, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Dan W. Jones, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System V. Glenn Morton, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System A. Craig Phillips, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Theo H. Pitt, Jr., in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Linda I. Rader, in her official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System E.T. Barnes, in his official capacity as Deputy Treasurer of the State of North Carolina and as Director of the Retirement Systems Division, Phillip J. Kirk, in his official capacity as Secretary, North Carolina Department of Human Resources Herman Gruber, in his official capacity as Director, Division of Services for the Blind, North Carolina Department of Human Resources Mary Ann Van Name, in her official capacity as Chief of Business Enterprises, Division of Services for the Blind, North Carolina Department of Human Resources, and Thomas Z. Osborne, in his official capacity as a member of the Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System Board of Trustees of the North Carolina Teachers' and State Employees' Retirement System