Maryland Republican lawmakers are proposing some options to modernize the state pension system.
Legislation discussed Thursday would give employees the ability to move all retirement benefits to a new job after three years.
Sen. Andrew Serafini, a Washington County Republican, says the proposals are aimed at starting a conversation that Maryland needs to make changes to its pension system. He says the options would help create predictability.
Republican Gov. Larry Hogan also has proposed a plan to enable the state to begin paying down the unfunded liability. It would create a 401k-style retirement plan.
Maryland last made changes to the state's pension system in 2011, but advocates for change say more must be done.