pensions
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Some future city workers will get a 401(k)-style retirement plan rather than traditional pensions under a sweeping plan unanimously approved by the City Council Monday. - Baltimore County Executive Kevin Kamenetz is living high off the taxpayers.
- New workers will be able to chose between "hybrid" plan and 401(k)-style proposal
- Maryland Attorney General Douglas F. Gansler filed a lawsuit against the oil company BP over investment losses following the 2010 Deepwater Horizon explosion, alleging that the state's pension fund lost millions after the company misled the public about its safety protocols.
- Baltimore County discriminated against older employees by requiring them to contribute more to their pensions than younger employees, a federal appeals court ruled this week.
- The House of Delegates gave preliminary approval Wednesday to a $38.7 billion budget that trims the governor's plan but still provides raises to state workers and levies no new taxes.
- Why aren't the teachers unions standing up to Gov. Martin O'Malley on his pension grab?
- Bel Air town officials are eager the see the last of this winter's snow melt away and the cold weather warm up, as the first of the community's early spring activities are quickly approaching.
- The legislature should stop O'Malley's plan to reduce pension contributions.
- 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.
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- Maryland firefighters and municipalities are at odds in a high-stakes debate over a state law that presumes some cancers are related to fighting fires for purposes of awarding workers' compensation.
- The state pension system is Maryland's financial Achilles heel. All bond rating services have noted that rising pension debt endangers the AAA bond rating, and the Pew Center on the States rates Maryland as one of the 10 most under-funded states. Perhaps it's time for Nancy Kopp to step down.
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- Gov. Martin O'Malley's plan to divert pension savings to the general fund is unfair to workers and potentially harmful to Md.'s fiscal health.
- City must drop pension enhancements for a few police and firefighters to better fund pensions for all
- Plan to use pension money to fill hole in Maryland's budget is a mistake
- 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. But the budget when Mr. O'Malley's first took office was $28.7 billion; his latest proposal would spend $39.2 billion. Where are the cuts?
- Gov. Martin O'Malley's last budget proposal leaves some hard questions for his successor but on the whole leaves the state in good shape.
