State Pension Plan Recovering

The Maryland state pension system recently reported that it achieved a 10.6% return on its investment portfolio for the fiscal year that ended June 30, 2013 - exceeding the plan's annual target of a 7. 75% return.

The system has now recovered from massive losses in fiscal 2008 and 2009, but its 10-year return on investment of 6.62% is still below its target.

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