Del. Mizeur to announce run for Democratic nomination for governor; Del. Haddaway joins David Craig’s ticket for GOP nomination for governor; some child advocates say state’s attempt to move children out of group homes is going too far; fracking opponents seek more state regulations while industry says they could keep business out of Maryland; U.S. Rep. Harris weighs in on Zimmerman verdict; and prisoner behind Detention Center scandal to plead guilty.
Day: July 17, 2013
Md. pension system earns 10.6% on investments
The Maryland state pension system achieved a 10.6% return on its investment portfolio for the fiscal year that ended June 30, bringing the fund assets to a total of $40.2 billion, Chief Investment Officer Melissa Moye told the pension trustees Tuesday.
The return exceeded the system’s target of 7.75% annual return, and was far better than the dismal results of less than 1% for fiscal 2012.
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