March 14, 2011

Thousands Expected at Pension Protest at Md. State House

The director of Maryland's largest state employees union said thousands of protesters will attend a rally in Annapolis Monday night. Gov. Martin O'Malley's has proposed state employees increase their pension fund contributions to help offset billions of dollars in unfunded liabilities.

"We have difficult choices ahead of us as a people ... and we're going to confront those choices, and we're going to do it with dignity and respect for all stakeholders: citizens, teachers, union leaders, those that serve our citizens as elected leaders," O'Malley told the Associated Press.

Patrick Moran, director of the Maryland chapter of hthe American Federation of State, County and Municipal Employees, said the rally will include a walk from the Navy Marine Corps Stadium to the State House. He expects 5,000 to 10,000 people to attend. Maryland is facing $19 billion in unfunded pension liabilities and another $16 billion in retiree health liabilities. SOURCE: NBC

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