Governor to Counties – No Teacher Pension Shift This Year

Governor O’Malley, who attended the MACo Winter Conference to install MACo’s new officers and board members, shared some good news… that he would not seek to transfer teacher pension costs to counties this year.  Instead, he stated that the State needed to make the system more sustainable by reducing benefits or increasing employee contributions before shifting costs, acknowledging that the counties are not in a position to take on these costs at this time.

When commenting on his proposed budget that must be introduced by January 21, the Governor said that the only thing he can guarantee is that “no one will be happy.”

More coverage can be found on MarylandReporter.com and in the Washington Post.

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