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Montgomery County Public Schools (MCPS)
Reply to "Starr to place spending restrictions on Montgomery school system"
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[quote=Anonymous][quote=Anonymous]Re: public pension benefits. "If something is not sustainable, it shall cease." Unsustainable, overpromised benefits will be whittled down. No more paying in low and juicing final salaries, no more taxpayer on the hook for public unions, no more promising the moon and stars for a vote. They will be whittle, whittle, whittle down to more sensical figures, even the bloated, underfunded MCPS and MoCo defined benefit plans. [/quote] Baby boomers retiring at record numbers = bloated pensions. School districts will need to start cutting pensions back. It is not sustainable. http://www.newsday.com/long-island/li-school-districts-to-save-more-than-100m-from-drop-in-teacher-pension-costs-state-says-1.9687970 Quote from the article "More than 60 percent of local property tax bills goes to school taxes." This is in Long Island, but maybe in MoCo % are similar?[/quote]
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