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Legislature should stop O'Malley's pension grab [Letter]
A person works hard for many years to achieve a pension for retirement. It's scary to hear that Gov. Martin O'Malley wants to divert $100 million from the state pension fund for next year's budget and to make this a permanent happening. Thankfully, Treasurer Nancy K. Kopp and Comptroller Peter Franchot appeared before the Senate to state how this withdrawal can affect the state's overall credit rating of the state pension money and what the withdraw can do to pension benefits and other matters ("Franchot, Kopp fight transfer of pension money," Feb. 26).
March 4, 2014