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Will State Employee Pensions Bankrupt Maryland?

MARCH 1, 2010 Bookmark and Share

Date: March 30, 2010
Time:12:00 - 2:00 p.m.
Location: The Maryland Inn
16 Church Circle | Annapolis, Maryland 21401

Maryland is running a $2 billion deficit and filling budget holes with one-time fixes. One bill, the state’s $65 billion pension and retiree benefits liability for state and local employees, can’t be paid by transferring funds and could cause serious damage to the state’s ability to fulfill core services in coming years.As the February Pew Center on the States report, "The Trillion Dollar Gap: Underfunded State Retirement Systems and the Roads to Reform," said: “Maryland’s management of its long-term pension liability is a cause for serious concern.”

Join the Maryland Public Policy Institute to discuss ways Maryland can fulfill its duties to both taxpayers and state employees without damaging our economic competitiveness.

Agenda

12:00 p.m.
Registration

12:15 p.m.
Panelists:  

Cecilia Januszkiewicz
Former Secretary, Maryland Dept. of Budget & Management (2005 - 2007)

Delegate Andrew A.Serafini (R - Washington County)
Maryland General Assembly

Kil Huh, Ph.D.
Director, Research
Pew Center on the States
Team Leader on recently released Pew study "The Trillion Dollar Gap: Underfunded State Retirement Systems and the Road to Reform"

R. Dean Kenderdine
Executive Director
Maryland State Retirement Agency

Gabriel J. Michael
Senior Fellow, Maryland Public Policy Institute
Author of Maryland Public Policy Institute study "Passing the Buck: Maryland's Unfunded Liabilities for State and Local Retirees"

Moderator:     
Marta H. Mossburg
Senior Fellow, Maryland Public Policy Institute

2:00 p.m.    
Adjournment


Refreshments will be served. Maryland Public Policy Institute policy forums are free of charge

To RSVP, please call (240) 686-3510 or email events@mdpolicy.org