While most of the focus on pension reform for public employees has been on the state as a whole, counties are also finding themselves with growing unfunded liabilities, according to a new interactive chart launched on Tuesday by the Maryland Public Policy Institute.
The pension map plots out the amount that each county and Baltimore City spent on pensions – both in benefits paid out and in the employer contribution – in the last fiscal year.
The interactive pension map released by the Maryland Public Policy Institute.
The results are not surprising. The larger jurisdictions – led by Baltimore City – are paying more in pensions, and have larger unfunded liabilities. However, some of the smaller jurisdictions have a larger percentage of unfunded liability than some of the larger ones.
1 comment:
Wicomico county employee pension is in great shape. The employees pay quite a bit into it. No need to fix what isn't broken.
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