Sunday, October 07, 2012

Maryland's other pension problem

Maryland's other pension problem | WashingtonExaminer.com
With two-thirds of its state employee pension/benefit system unfunded, Maryland's retirement system is in serious trouble.
But according to a new study by the Maryland Public Policy Institute, the situation at the county level is even worse.
On average, Maryland's 24 counties are funding only half of what's needed to provide promised post-employment pension, health and insurance benefits to their aging work forces.

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