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Tag Archives: pension

Week in review: 12/16/11

More apartments for Fells Point Ground was formally broken Tuesday on Union Wharf, a 281-unit luxury apartment mixed-use complex in Fells Point in Baltimore. The property had been sold by developer Larry Silverstein to the Bozzuto Group this fall for $9.5 ...

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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 ...

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Striking Verizon workers to protest at CEO’s home

MENDHAM, N.J. — Verizon workers will take their strike to their CEO’s New Jersey home Thursday. Members of the Communications Workers of America and the International Brotherhood of Electrical Workers plan to stage a candlelight vigil outside Lowell McAdam’s residence ...

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Maryland pension panel makes final recommendations

ANNAPOLIS — A state commission voted Thursday to seek an attorney general’s opinion on whether Maryland law would allow the state to reduce cost-of-living adjustments for retirees. The Public Employees’ and Retirees’ Benefit Sustainability Commission, which has been studying ways ...

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State pension proposal is panned by George Roche

ANNAPOLIS — A proposal to change the funding method for state pensions that will reduce state contributions to the system and delay reducing the state’s unfunded liabilities was criticized by two private sector representatives on the commission studying retirement benefits. ...

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Defined benefits survive in pension deal

ANNAPOLIS — Maryland lawmakers agreed Monday to state pension and retiree health benefit reforms needed to start addressing huge unfunded liabilities that would pose future financial problems if left unaddressed. A panel of House of Delegates and Senate lawmakers compromised ...

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