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Pension and Welfare

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

Top Pension and Welfare Articles

Displaying items 25-36
  • O'Malley's fiscal house of cards [Commentary]

    O'Malley's fiscal house of cards [Commentary]
    Gov. Martin O'Malley released his fiscal year 2015 budget this week, and once again he made his long used but false claim that he has cut the state budget. The budget when Mr. O'Malley's first took office was $28.8 billion, according to the Department...
  • Fund state pension plan [Letter]

    Fund state pension plan [Letter]
    With all the money from gambling, it seems that Gov. Martin O'Malley could fund the state's pension system ("O'Malley's fiscal house of cards," Jan. 16). What are the unions going to do about the governor's plan to divert some money intended to shore up...
  • Drop the 'DROP' program [Letter]

    In Baltimore City, there are still pension enhancement programs in place (called a "DROP Program") to offer an incentive for active police officers and firefighters not to retire, but retired police officers and firefighters have gone almost seven years...
  • Broken promises [Editorial]

    Broken promises  [Editorial]
    In 2011, Maryland's state government was facing significant budget challenges in both the short term and the long term. The lingering effects of the recession and the waning of federal stimulus funds had blown a hole of about $1.6 billion in the state's...
  • Pension fund for Baltimore's elected officials 'financially strong'

    Pension fund for Baltimore's elected officials 'financially strong'
    While the pension systems for Baltimore's public safety and municipal workers are facing millions in unfunded liabilities, a third city pension fund is in excellent financial shape.  The Elected Officials' Retirement System for Baltimore's politicians...
  • Link welfare with educational outreach [Letter]

    If someone is on welfare, there is an excellent chance they were doing something wrong in their life that caused them to be in that position. In some cases, it's having a child out of wedlock and trying to support themselves and rear the child without...
  • Could a third treasurer be the charm? [Commentary]

    Could a third treasurer be the charm? [Commentary]
    The state pension system is Maryland's financial Achilles heel and has been for decades. All bond rating services have noted that rising pension debt endangers the state's AAA bond rating, and the Pew Center on the States rates Maryland as among the...
  • Retirement plan bill wins O'Malley backing

    Retirement plan bill wins O'Malley backing
    Gov. Martin O'Malley on Thursday said he supports a bill that would give workers whose employers don't provide pension plans or 401ks easy access to retirement accounts. The support came as a Senate committee held a hearing on a bill by Sen. James...
  • New firefighter benefits stoke workers' comp debate

    New firefighter benefits stoke workers' comp debate
    Mary McElroy gave 22 years to the Baltimore City Fire Department as a firefighter-paramedic. The job, she says, gave her breast cancer. The state Workers' Compensation Commission agreed, issuing an order last fall that requires the city to cover any...
  • Harford approves latest contract for water and sewer authority study

    Harford approves latest contract for water and sewer authority study
    The first step was to get everybody involved to agree to study the merits of creating a quasi-governmental agency to own and operate all the local water and sewer systems in Harford County. The second step is more complicated and expensive: Sort through...
  • Injustice at DHR [Editorial]

    Injustice at DHR  [Editorial]
    Maryland's practice of shoring up its foster care budget by appropriating the Social Security survivor benefits of the children in its care is questionable and merits close scrutiny by legislators. Maryland is hardly alone in taking this step, and...
  • Franchot, Kopp fight transfer of pension money

    Franchot, Kopp fight transfer of pension money
    Treasurer Nancy K. Kopp and Comptroller Peter Franchot warned senators Wednesday that Gov. Martin O'Malley's proposal to divert $100 million a year from the state pension fund to next year's budget threatens the long-term health of the retirement system....