Latest Breaking News On - Proposal employees - Page 1 : comparemela.com
right now in maryland democratic governor martin o malley taking a lot of heat for wanting state workers to kick in more for their pensions. shannon bream is live in washington with more on this. what exactly is the governor proposing here? reporter: let s take a look under his proposal employees who stay at the current contribution levels will have lower pension benefits if the future or they could choose to increase their contribution from 5 to 7% and they will maintain the future benefits. vesting would take ten years instead of 5. early retirement would be bumped up from 55 to 60. thousands of workers turned out to protest this plan, not happy about it. they were joined by union icon richard trumpka. take a listen to what he had to say. that s what we are fighting for, that s all we re marching for, that s all we stand for. we won t go back, i can promise you that, we won t give up and we won t go back, god bless you.
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