Multiple retirement plan providers will be available to Baltimore County school employees, but only after the school board hesitated, debating the companies’ stability amid the economic meltdown.
The school board’s unanimous vote Tuesday evening represents a rare victory for the employees, who for months had battled the school board over its decision to not give cost-of-living salary increases this year. The board two weeks ago rejected a plan to force all employees to one provider after hundreds of employees rallied against the move.
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