President John Barr has sent a letter on MACo's behalf to the Governor asking him to fully fund the budget passed by the General Assembly, including several local priorities funded through…
At a recent meeting of the State Pension Board of Trustees, the Board heard the results of the June 30, 2015 Actuarial Valuation for fiscal year 2017 from the Board’s…
The State must balance its budget, yes. . . but how does the State budget balance according to county concerns? As this year's budget acrobatics draw to a close - the…
County details of dense budget analyses can be hard to find -- visit MACo's State Budget Documents page for pinpoint cites to key information. MACo is identifying the key sections of budget analyses and…
Almost half of Maryland counties are members of the Maryland State Pensions System, with county employees participating in the Pension System and counties contributing to it. The financial health of…
Governing magazine has reviewed the latest round of investment returns for public pension systems, and speculated on the next steps for jurisdictions offering these traditional defined benefit plans, that are…
At the meeting of the State Pension Board yesterday, the Board adopted new actuarial assumptions that could lower the normal costs of the teacher pension plan and considered a new…
At this week's meeting of the State Retirement and Pension System Board of Trustees, the trustees voted down a proposal to reduce the assumed rate of return for the Pension…
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