Climate change a risk to Md.’s pension system

Pension funds, unlike commercial banks, have to manage returns for the long term so as to ensure they fulfill the promises made to employees who may be decades from retirement. Thinking about the future – and new financial risks – is therefore one of their most important responsibilities. Recent hurricanes and wildfires in the United …

from http://thedailyrecord.com/2017/11/30/climate-change-a-risk-to-md-s-pension-system/

Author: Baltimore Checkbook

Best in consumer news and deals in Baltimore, MD.

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