Persistent critics of the investment performance of Maryland’s $45 billion pension fund for state teachers and employees are again slamming the fund for failing to match the performance of other state pension systems, even though its 14.4% return was nearly twice as high as the fund’s target.
State lowers two-year revenue projections $405 million, will force deeper cuts than expected; not all Prince George’s residents think Greenbelt is best place for new FBI HQ; Cardin presses Obama administration on racial profiling review; candidates finding it difficult to stir up interest in General Election; lieutenant governor candidates set debate; Brown could be playing it safe in run for governor; Hogan for women’s unfettered access to birth control; in District 32, Republicans hope to unseat General Assembly incumbents; Bongino upbeat in uphill campaign against U.S. Rep. Delaney; Robin Ficker, son Flynn, run for state Senate, House; Arundel’s Schuh wants $18 million property tax cut; and Prince George’s voters to decide on a slew of referendums.
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