Editorial: Baltimore Co. rethinks retirement benefits for county employees

Published January 31, 2007 5:00am ET



It?s great news that Baltimore County is considering raising the retirement age for current and future employees and reducing benefits for new ones.

It must if the state?s pension system is to remain solvent. The state estimates its overall cost of providing health care benefits alone as of 2005 for state retirees to be $20 billion.

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