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Pensions

Pension is moving in right direction

Good news needs to be told sometimes! The Employees' and Elected Officials pension plans are moving in the right direction with relative strong performances and improved funded statuses despite volatile markets in 2015. The Sun article by Luke Broadwater "Pension fund for Baltimore workers struggles as fund for elected officials improves" (Jan. 20), stated that the "Employees' Retirement System — on which thousands of rank-and-file workers and retirees rely — reported it has less than 68 percent of the assets needed for its long-term...

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