Two of Maryland’s free-market think tanks are again attacking the Maryland pension system for spending too much money on investment advisors who are not producing enough returns. But the State Retirement Agency says the advisors have helped it reach its benchmark investment goals.
Read MoreTwo Maryland think tanks are proposing that the state charge a license fee as high as $500 million for new National Harbor Casino, saying anything less, such as the current $18 million license fee, “would be a giveaway, corporate welfare, or taxpayer rip-off.”
Read MoreAfter officials from the State Retirement and Pension System shared a positive investment outlook with members of the Senate Budget and Taxation Committee on Tuesday, Jeff Hooke of the Maryland Tax Education Foundation told the senators about his idea for bigger returns: fire the Wall Street managers.
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