A federal judge has agreed that certain retired Maryland employees have a contractual right to prescription drug benefits, but also found in a ruling issued Thursday that current employees have no such right. The ruling from U.S. District Judge Peter ...Read More »
WASHINGTON — High energy prices and an economy that has been slow to rebound are worsening Social Security’s finances, shortening the life of the trust funds that support program by three years, the government said Monday. Those funds will now ...
Tagged with: benefits Congress cuts disabled energy prices finances Government Health and Human Services Secretary Kathleen Sebelius medicare retirees social security spending timothy geithner treasury secretary timothy geithnerRead More »
WASHINGTON — The Federal Reserve’s plan to keep interest rates super-low for at least two more years is great news for mortgage refinancers and other borrowers. For retirees and others who need interest income? Not so great. Nor will low ...Read More »
SALISBURY — Worcester County’s population became grayer during the past decade, as “come-here” retirees flocked to coastal towns and “born here” young adults departed for jobs. The median age of residents is 48 — the oldest in the state. That’s ...Read More »
ANNAPOLIS — Members of a state employees benefits commission will begin voting on how to resolve large unfunded liabilities in Maryland’s pension and health benefit system for state workers. The Public Employees’ & Retirees’ Benefits Commission will meet Monday in ...Read More »