The State Pension Board decided to maintain the current system of financial reporting after reviewing two alternatives. The options would have led to different reported liabilities for county members. A…
As the new fiscal year dawns, legislative leaders continue to urge the Governor to release some $80 million in funds that were restricted for specific uses as part of the…
Legislation would mean higher rates over the next few years and help participating governments avoid a large rate increase in 2022. The Executive Director of the State Retirement Agency recently held regional outreach…
A letter from the Executive Director of the State Retirement Agency to county elected officials describes the Agency's reasons for the method of its recent pension liability calculation for local governments.…
The General Assembly's budget provides certain funding to K-12 funding formulas and large capital improvements, but places additional teacher pension funding and dollars for maintenance of aging school facilities in a category…
This week is teacher appreciation week. As Valerie Strauss of The Answer Sheet blog in the Washington Post describes, however, teachers would appreciate respect and trust year-round more than gratitude and flattery during…
A broad overview of the elements in pension funding prepares new legislators for making decisions on the State Pension System. Topics that could come before the legislature this session include pension…
Baltimore City recently won the Award for Excellence in Management and Service Delivery for its OutcomeStat project by the Government Finance Officers Association of the United States and Canada. According…
