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Shift Of Teacher’s Pension Costs

February 24th, 2012 by WCBC Radio

Allegany County Commissioner Bill Valentine left Annapolis on Wednesday evening fearing the worst when it comes to two key agenda items of Governor Martin O’Malley- both of which appear certain to come to fruition. A plan to shift 50% of the cost of teacher’s pensions to local governments could have devastation impacts on counties across the state. Valentine, after meeting with MACO officials and representatives from the O’Malley administration, has been led to believe the shift will occur- unless lawmakers can find alternative funding to fill the gap that would be created by killing the plan…

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