image description

Teacher Pension Cost Sharing Issue Raised

January 17th, 2012 by WCBC Radio

Maryland officials are gearing up for a fight over the skyrocketing tab for teacher pensions, which threaten to overwhelm already beleaguered budgets both at the state and local levels.  The pension issue is seemingly raised as soon as lawmakers return to the State House each January. Yet, this year both county and state leaders acknowledge an unprecedented urgency surrounding the issue and expect the conflict to come to a head during the current legislative session. As such, state leaders say localities should play at least some role in footing a bill that makes up a large share of Maryland's looming $1.1 billion budget shortfall. Maryland is one of only three states that pays entirely for teacher pension costs.  State Senator George Edwards believes its inevitable that some type of cost sharing plan will be implemented…





Leave a Reply

 




Sign up for WCBC
exclusive Text messages
by texting [WCBC] to 68398.





View Mobile Site