Md. governor wants to shift some teacher pension costs to counties

By The Associated Press

6:42 p.m. EST, January 17, 2012

ANNAPOLIS — Gov. Martin O’Malley discussed plans Tuesday with legislative leaders and local officials to shift teacher pension costs to Maryland counties and reduce tax exemptions for high-end earners, according to participants in the meetings.

Maryland currently is one of the few states in the nation that picks up the entire teacher pension cost, which is projected to be about $900 million in the next fiscal year.

FULL STORY: www.herald-mail.com/news/hm-md-counties-could-be-required-to-cover-half-of-teacher-pensions-20120117,0,2229609.story

 

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