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.
- Post author:Michael Sanderson
- Post published:February 1, 2012
- Post category:County Budgets / Education
- Post comments:2 Comments
Executive Director Maryland Association of Counties