NACo Urges County Pension Flexibility

In a letter to the House Ways and Means Committee Working Group on Retirement and Pensions this week, NACo urged the group to ensure any federal tax changes support retirement policies and…

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Baltimore Mayor Seeks to Close Pension Deficit

As reported by WBAL, Mayor Stephanie Rawlings-Blake on Monday introduced two bills dealing with city workers' pensions and cost-of-living increases for firefighters and police.  The Mayor said the bills would…

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Sharing Risk: Adjustable Pension Plans

An editorial in Governing discusses a new compromise between defined-benefit and defined-contribution pension plans that could help avert local pension fund shortfalls.  In simplest terms, conventional "defined-benefit" plans place risk…

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Maryland’s Top-Rated Bonds Get AAA Again

Fitch Ratings, one of the three major agencies evaluating government bond issuances, has reaffirmed its highest rating of AAA for Maryland's general obligation bond sale later this month. Fitch also…

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