MACo Legislative Director Kevin Kinnally testified before the Senate Budget and Taxation Committee in support of SB 115 - Law Enforcement Officers’ Pension System - Benefits with amendments. This bill would increase…
Comptroller Peter Franchot recently assumed the chairmanship of the Maryland State Retirement and Pension System Board of Trustees, which establishes rules and regulations to administer several pension systems and manage…
Fund grows more than $13 billion to nearly $68 billion. The Board of Trustees of the Maryland State Retirement and Pension System (MSRPS) announced that its portfolio returned a record-setting…
Baltimore City Mayor Brandon Scott recently signed a bill requiring city pension funds to divest from fossil fuels within five years. In a move to help fight climate change, Baltimore…
An overview of MACo’s advocacy on pensions issues in the 2020General Assembly. Half of Maryland’s counties participate in the State’s pension system, and the other half support their employees through…
Fund grows $563 million to nearly $55 billion, falls short of assumed actuarial rate. The Board of Trustees of the Maryland State Retirement and Pension System (MSRPS) last week announced…
A costly, unbalanced pension enhancement bill did not receive a vote in the House Appropriations Committee, and therefore died when the General Assembly adjourned sine die. For county governments that…
MACo Executive Director Michael Sanderson testified to the House Appropriations Committee, in support with amendments to HB 659 - Law Enforcement Officers' Pension System - Benefits. This bill presents a…
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