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City pension officials spend nearly $100,000 on trips
City pension officials spend nearly $100,000 on trips

Baltimore's spending panel agreed Wednesday to send a city pension director to London for a week — the latest of nearly $100,000 in travel expenses for top pension officials since 2013. The Board of Estimates authorized municipal pension director Roselyn H. Spencer to spend up to $600 a day for hotel expenses and $150 a day for meals and other items while attending the African Private Equity Venture Capital Association meeting in late April. In board documents, the $750 daily allowance is described as "both reasonable and economical." Pension officials defended the $5,600 trip as a way to potentially improve investment decisions for the municipal pension system,...