The incoming governor said he will not extend the life of a task force created to recommend whether to set up a pension system for private-sector employees, according to a report by the Daily Record. Governor O’Malley created the Task Force to Ensure Retirement Security for All Marylanders in an Executive Order this past spring.
The Task Force’s most recent meeting was held on December 1 in Annapolis. The goal of the Task Force was to “develop recommendations on the most productive steps that the State of Maryland could take to ensure that every private-sector employee in Maryland has the opportunity to enjoy a secure retirement.”
For more information, see the Daily Record (subscription required) and these recent articles, Hogan Critical of Private Sector Pension Task Force, Governor O’Malley Appoints Members of Retirement Security Task Force, and Governor Establishes Retirement Security Task Force.