As spotlighted by The Baltimore Sun, a law passed by the General Assembly requires enhanced transparency regarding the investment fees paid by the Maryland State Pension System. The first report…
Maryland Attorney General Brian E. Frosh announced today that the Maryland State Retirement and Pension System has received $405,208.53 in restitution from Union Bank of Switzerland (UBS). In addition, the…
Fitch Ratings yesterday assigned an AA+ rating to Washington County’s 2020 series of general obligation bonds, deeming its fiscal outlook as stable. The AA+ rating keeps borrowing costs low for…
U.S. Senate Republicans today unveiled the HEALS (Help, Economic Assistance, Liability Protection, and Schools) Act, a $1 trillion COVID-19 relief bill that includes reforming bolstered unemployment benefits, providing support to…
Maryland State Treasurer Nancy K. Kopp announced this week that the three major bond rating agencies have reaffirmed the State’s AAA bond rating, the longest continuous Triple-AAA bond rating for…
Governor Larry Hogan today previewed his fiscal 2022 spending plan, which he said provides immediate tax and economic relief to families and businesses in need, makes record investments in top…
There is a continuing public discourse regarding Maryland's public pension system. About half of Maryland's counties participate in Maryland's public pension system, meaning county employers are members of the System…
An overview of MACo’s advocacy on pensions issues in the 2019 General Assembly. Half of Maryland's counties participate in the State's pension system, and the other half support their employees…
