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$300 million pension payment on chopping block to balance Md. budget
By Len Lazarick Len@MarylandReporter.com Much or all of an annual $300 million extra payment into Maryland’s pension system is on the chopping block as Senate budgeters seek to balance Gov. Martin...
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Extra pension payments cut by Senate committee to balance budget
By Len Lazarick Len@MarylandReporter.com Senate Budget and Taxation Committee (MarylandReporter.com file photo) The Senate Budget Committee voted Friday to take $500 million over the next five years...
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Senate rejects GOP cuts to $39 billion budget; Miller gripes about...
By Len Lazarick Len@MarylandReporter.com Budget Chairman Ed Kasemeyer at podium presents budget to the Senate. With minimal debate, the Maryland Senate rejected a half dozen Republican attempts to...
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Maryland pension fund earns 14%, now valued at $45 billion
Photo above: Wall Street stock exchange (By zoonabar, Flickr Creative Commons License) Maryland’s pension system for state employees and teachers had another strong investment performance for the...
View ArticleRascovar column: State pension fund may have turned corner
By Barry Rascovar For MarylandReporter.com Good news from the Maryland state retirement agency: investment earnings over the past year ending June 30 rose a strong 14.37 percent. Don’t get too excited:...
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Critics slam pension fund performance, system slams critics
Photo above by LendingMemo with Flickr Creative Commons License. By Len Lazarick Len@MarylandReporter.com Persistent critics of the investment performance of Maryland’s $45 billion pension fund for...
View ArticleMajor change in pension funding proposed, eliminating extra payments
By Len Lazarick Len@MarylandReporter.com The legislature’s staff is recommending that lawmakers make another major change in pension funding, eliminating extra payments into Maryland’s underfunded...
View ArticleRascovar: Pension move betrayed state workers
By Barry Rascovar For MarylandReporter.com Once again, the House of Delegate took the easy way out of its budget bind — and in the process stuck it to future state workers, teachers and taxpayers. The...
View ArticleRascovar: Hogan’s hypocrisy on pension funding and school aid
Photo above: Budget Secretary David Brinkley explains Maryland’s failure to fund supplemental pension contributions. Barry Rascovar has been covering Maryland politics since 1971. The topics and...
View ArticleRascovar: Maryland pension confusion
Photo above: Maryland Budget Secretary David Brinkley explains underfunding of state pension system in January. By Barry Rascovar For MarylandReporter.com For Maryland’s 388,500 state workers and...
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