BCFPERS disbands investment committee

Baltimore City Fire and Police Employees’ Retirement System decided the investment committee was no longer necessary.

Institution: Baltimore City Fire and Police Employees’ Retirement System
Headquarters: Baltimore, US
AUM: $3.01 billion

The board of Baltimore City Fire and Police Employees’ Retirement System has determined to disband its entire investment committee, noting that it was no longer necessary based on its current composition and utility.

Baltimore Fire & Police Employees’ Retirement System was created to provide retirement allowances and death benefits for the uniformed officers of the police and fire departments of Baltimore City. The City of Baltimore Retirement System administers both the City of Baltimore Employees’ Retirement System and the City of Baltimore Police and Fire Retirement System.

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