Maryland Daily Record Maryland's trusted source for business and legal news
The Maryland State Retirement and Pension System says its portfolio returned 6.46% on investments for the last fiscal year.
Tagged with: Maryland State Retirement and Pension System
Read More »Climate change and Maryland state pensions
The Maryland State Retirement and Pension System's practices have evolved, and will continue to evolve and are appropriate for its governance structure and resulting investment program.
Tagged with: Maryland State Retirement and Pension System
Read More »Hedge funds leave U.S. pensions with little to show for fees
Here’s what U.S. state and city pension funds are getting this year for the hundreds of millions of dollars in fees they’re forking over to hedge funds: almost nothing. The investment pools gained 0.4 percent through November, putting them on ...
Tagged with: Maryland State Retirement and Pension System
Read More »Save for retirement or go to your room
Maryland residents who fail to save for their own retirements are like drivers who speed or children who won't do what you tell them, according to former Lt. Gov. Kathleen Kennedy Townsend.
Tagged with: Kathleen Kennedy Townsend Larry Hogan Maryland State Retirement and Pension System
Read More »State pension system doubles up on expected returns
State pension officials are lauding returns on investments that are nearly double the target for the retirement fund for about 331,000 retired and active state employees and teachers.
Tagged with: Martin O'Malley Maryland General Assembly maryland public policy institute Maryland State Retirement and Pension System
Read More »Maryland pension system extends Charles Center lease
The Maryland State Retirement and Pension System renewed its lease of 60,851 square feet of space and extended its space in the building by 11,522 square feet.
Tagged with: Baltimore charles center Maryland State Retirement and Pension System
Read More »Pension board votes to keep assumed rate of return
The State Retirement and Pension System’s 14-member board of trustees has voted to keep the assumed rate of return on investments at 7.75 percent. The board, which includes Treasurer Nancy Kopp, voted on Tuesday to keep the assumed rate of ...
Tagged with: board Maryland State Retirement and Pension System pension retirement state retirement and pension system
Read More »Kopp aide Moye named CIO of pension fund
The Maryland State Retirement and Pension System board tapped a top aide to Treasurer Nancy K. Kopp to be the system’s chief investment officer Monday. A. Melissa Moye had served as acting CIO since October in addition to her role ...
Tagged with: board of trustees great recession lawmakers Maryland State Retirement and Pension System pension treasurer nancy k. kopp
Read More »State pension system investments post strong gains in FY ‘11
The cash and investments Maryland uses to pay retirement benefits to its former employees increased to $37.5 billion in fiscal 2011, a $6 billion gain that came during a time of strong growth and recovery in the stock market. The ...
Tagged with: fiscal year fixed-income gains investments lawmakers maryland Maryland State Retirement and Pension System pensions s&p 500
Read More »
