March 11th, 2014 by WCBC Radio
More money once planned to reinvest in Maryland's state employee pension system is being tapped to fill a state budget hole. A Senate budget panel made the decision Friday. Under pension reform three years ago, Maryland was to pay $300 million above its required pension payment each year to move gradually to fully funding the pension system. Governor Martin O'Malley proposed capping the payment at $200 million this year to help fill a budget gap. Committee Chairman Ed Kasemeyer told WBAL News that this would not hurt the pension fund…
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