State Pension System Reports Record-Setting Earnings
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…
B’More Mayor Signs Legislation Divesting Fossil Fuels from City Pension Funds
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…
2020 End of Session Wrap-Up: Pensions
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…
Costly, Unbalanced Pension Enhancement Bill Dies in Committee
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…
Counties Support “Local Option” Amendment for Pension Enhancements
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…
Maryland’s Pension System Earns 3.6%, Falls Short of Annual Goal
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…
Printing Money Proposed to Save Public Pensions
An article in Barron's proposes using modern monetary theory to solve the issue of underfunded state public pensions. An article by Randall W. Forsyth in Barron's describes how public sector…
Article Suggests Certain Investments for Public, Church Pensions
As described in an article in Chief Investment Officer, public pensions and church pensions face similar difficulties and might benefit from similar investment models. A white paper written by Rivera…
