Members of the General Assembly, seeking to better understand the proposals in the Governor’s proposed fiscal plan, have requested information on the projected cost of the proposed teacher pension shift. A recent estimate, from the Department of Legislative Services indicates the county costs escalating rapidly — jumping by nearly $70 million immediately in FY 2014, and rising in each subsequent year thereafter, reaching over $358 million by the end of the projection, FY 2017.
Click here to see the county-by-county estimates for FY 2013 – FY 2017
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