The State owes retirees the benefits promised
By Peta Richkus. Viable options exist to enhance Maryland’s standing with rating agencies and continue retirees’ affordable prescription coverage. Respected experts, like GASB (Governmental Accounting Standards Board) and the Daily Record Advisory Board, confirm the state owes retirees the benefits promised. As this pie chart shows, blaming the State’s oldest retirees for Other postemployment benefits (OPEB) liability is wrong. Retiree Prescriptions are less than 15% … Continue reading The State owes retirees the benefits promised