"'The study used incorrect numbers that essentially double-counted the North Carolina pension fund's management fees, skewing them by $218 million,' said spokesman Schorr Johnson ... Michael Golden, spokesman for the $40.6 billion Maryland State Retirement and Pension System, Baltimore, said that in addition to 'egregious errors' in a similar report a year ago that have not been corrected, this year's median of fees paid was skewed by underreporting in other state systems."  MORE >>