In the wake of a difficult FY 2013 budget, Montgomery County now measures its FY 2014 shortfall at some $71 million. From coverage in The Washington Post: Montgomery County officials…
Substantial recent news coverage, including on Conduit Street, of a report by the Pew Center on the States has raised attention to the funding status of state-run pension systems and…
In an opinion piece for the Baltimore Sun, George Liebmann, volunteer executive director for the Calvert Institute for Policy Research, shares his views on the investment strategies and management of…
At its meeting this week, the Board of Trustees for the State Retirement and Pension Systems made a number of changes to the system structure and operating assumptions, but declined…
The State Department of Assessments and Taxation has recently established a workgroup to study the impacts of imposing the recordation tax on indemnity mortgages and deeds of trust. The workgroup,…
State Treasurer Nancy K. Kopp recently announced that all three bond rating agencies, Moody's Investors, Fitch Ratings, and Standard and Poor's, reaffirmed Maryland's triple-A bond rating. This has been done…
While the Maryland State Retirement and Pension System reported that its fiscal 2011 returns were positive, a 20.04% performance, the System only earned .36% for fiscal 2012. This low performance…
A recent article in Governing, highlights a study by the Maryland Tax Education Foundation and the Maryland Public Policy Institute which found that state retirement systems are paying too much…
