WASHINGTON Maryland Gov. Martin OMalley on Friday released a pension reform plan to halt the states declining pension funding level, which is the lowest among triple-A rated states and has become a concern for rating agencies and investors.
Marylands OMalley Floats Plan to Reform Pensions
Correction: The article incorrectly characterized Gov. Martin OMalleys pension reform plan. The governor has proposed reforms to Maryland's existing defined benefit plan.