Legislation discussed Thursday would give employees the ability to move all retirement benefits to a new job after three years.
Sen. Andrew Serafini, a Washington County Republican, says the proposals are aimed at starting a conversation that Maryland needs to make changes to its pension system. He says the options would help create predictability and stop the state from digging deeper unfunded liabilities.
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Start by making it less generous for the legislators - and then term-limit all of them. Politics is supposed to be public service - not a career!
ReplyDeleteMost state jobs are the worst and local supervisors are given free reign to enforce regs of theid choosing and they talk to their employees by yelling. Basically my way or the highway. The heck with what the laws and regs actually say. Most people stay to get retirement if that changes where u can move the money everyone will leave after they get the 10 years needed to be vested for retirement.
ReplyDeleteSo true!!!
DeleteAnonymous said...
ReplyDeleteStart by making it less generous for the legislators - and then term-limit all of them. Politics is supposed to be public service - not a career!
February 17, 2017 at 11:35 AM
STHU
If they screw up the retirement they won't get good employees to work there. Same thing for Wicomico County.
ReplyDeleteHow come I never hear about the State repaying the money they stole from the State Retirement Fund or how much they steal from this fund every year. These DumbocRATs started this with O'Malley just like the Feds have been stealing from SSI and Bill Clinton put SSI in the General Fund and closed the SSI Fund.
ReplyDelete