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Pensions

A collection of news and information related to Pensions published by this site and its partners.

Top Pensions Articles see all

Displaying items 1-5
  • Politics as usual on state budget numbers [Letter]

    Politics as usual on state budget numbers [Letter]
    Having spent 47 years in state and local government, I have a pretty good feel for impending fiscal year budget problems ("Apocalypse? Not now," Sept. 26). The very quietly issued projections for the next fiscal year for the state budget are concerning. That the state has already, also very quietly, issued a one month moratorium on new hires, from October 15th through November 15th, gives even greater concern. Usually, such steps are precursors to much more stringent budget restrictions in the ensuing fiscal year; including freezes on state hiring and scheduled pay raises and step increases for state employees. For the third straight year, the promised enhanced contributions to the state pension program look unlikely. The current administration has already drawn down state reserves in areas like the transportation fund, pension contributions, and environmental programs, and there is little such funding available to throw at any looming deficit. Questions arise regarding what services will be cut and from where state government will take money to cover a large deficit — education, the environment, state employee and teacher retirement plans, roads and highways?
  • Hogan is right on police pensions [Letter]

    Hogan is right on police pensions [Letter]
    Republican gubernatorial candidate Larry Hogan's ideas concerning exempting police pensions from state income tax has the advantage of getting those pensioners to remain in the state of Maryland after retirement ("Pension pandering," Aug. 13). Those...

    Annapolis sues police, fire retirees to get ruling in pension dispute

    Annapolis sues police, fire retirees to get ruling in pension dispute
    The city of Annapolis has named dozens of retired police officers and firefighters in a federal lawsuit, the latest tactic in a decade-long legal battle over changes to retiree pensions. In court filings last week, the city asked a judge to rule that...

    Hogan vows to eliminate taxes on pensions

    Hogan vows to eliminate taxes on pensions
    Republican gubernatorial candidate Larry Hogan told residents of a retirement community Tuesday night that he wants to eliminate all state income taxes on pensions before the end of his administration. Hogan unveiled the proposal in response to a...

    Federal court upholds mayor's pension overhaul

    Federal court upholds mayor's pension overhaul
    A federal appeals court on Wednesday upheld Mayor Stephanie Rawlings-Blake's overhaul of Baltimore's police and fire pension system, but left open avenues for the unions to keep fighting. "I'm certainly pleased with the court's ruling," Rawlings-Blake...