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Montgomery County Public Schools (MCPS)
Reply to "Budget- CE recommended budget $55.7M less"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The pension issue is a complicated one and it is controlled by the state not the county. After 2011 the state pushed more of the pension costs to the counties.[/quote] The county got rid of pensions at least 25 years ago. They should be consistent as Mcps is part of the county. The county and MCPS cannot afford the pension system for MCPS. While its a great perk, its not realistic but there are many places MCPS can cut.[/quote] They can and should cut the county supplement and replace with a 401k style plan with a guaranteed interest rate like county employees have. I think PP is right that the state pension is more difficult.[/quote] Seems reasonable and for teachers who walk after 5 years at least they get to keep what they put into it.[/quote]
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