Via: The Baltimore Sun Over 115,000 retirees and beneficiaries will not see a cost-of-living adjustment in next month’s check. Retirement payments are scheduled to drop. According to Keith Brainard, research director of the National Association of State Retirement Administrators said that some pension plans place floors and ceilings on the increases. The Baltimore City pension […]
Via: Baltimore Sun The Baltimore City Council is considering cutting over $90 million in fire and police pensions in order to save the city money. This has made the fire and police unions threaten legal action. The City Council is pretty confident their plan will not be enacted the way it is currently written. The […]
